Fast Pace Economic Growth to Enhance Valuation of Indian Companies

News Desk, News Nation 360 : The Indian Chamber of Commerce organized a fireside chat with the founders of Zomato and Naukri to discuss the future of business in India, specially India@100. Also joined by the representative of TVS Capital Funds, the session dealt with different components of business like markets, reforms, digital technologies and start-ups. Speaking at the session, Deepinder Goyal, Founder & CEO, Zomato, about the success of his company mentioned that his vision focussed on serving “customer first” and creating a “sustainable business”. About the availability of capital, he said that traditional businesses need to focus on partnering or investing in start-ups rather than considering owning them. He also mentioned that 66% of capital available for start-ups still came from foreign sources. For more Indian companies to enter into the Top 500 valued companies of the world, the Indian economy has to grow at a faster pace, believed Sanjeev Bikhchandani, Founder and Executive Vice Chairman, Info EDGE. Moderating the fireside chat, Ranjan Navani, VC and MD Jetlie Group of Companies described an entrepreneur as a person with limited resources, high aspirations and willingness to take risks. Earlier, Vikash Agarwal, President, Indian Chamber of Commerce in his Welcome Remarks pointed out that the next 25 years should be about unleashing the true potential of India. Dr Rajeev Singh, Director General, Indian Chamber of Commerce offered the formal Vote of Thanks.

Report : Anustup Kundu