Info Edge founder Sanjeev Bikhchandani emphasized the significance of startups in India’s growth journey, stating that many giant companies of the future will emerge from today’s startups. He credited this shift to enabling policies, having access to talented individuals, and availability of capital, as well as the appeal of India’s large market. Bikhchandani, the founder of Info Edge (India) Ltd, which owns job portal naukri.com and matrimonial website jeevansathi.com among others, made these comments on the occasion of National Startup Day, marking nine years of the Startup India program.
Bikhchandani noted that entrepreneurship has become a mainstream career aspiration, and that startups are no longer seen as a niche or unusual path. He believes that many future giant companies will originate from today’s startups, building on the momentum created by the current startup ecosystem. He attributes this change to the favorable business environment, characterized by enabling policies, access to talented individuals, and capital availability, as well as the vast market potential in India.
Bikhchandani’s remarks underscore the importance of startups in driving innovation, job creation, and economic growth in India. As the country’s startup ecosystem continues to evolve, it is likely to play an increasingly significant role in shaping the country’s future. The comments by Bikhchandani serve as a reminder of the vital role that startups can play in driving growth and development in India.