Report Card of 'Startup India, Standup India'

[Read today's BIG story] The supposed beneficiaries of Startup India have been left in limbo. A lack of clarity in the programme’s procedures, as well as mundane restrictions, has led to a good deal of disillusionment. [A year since launch, is Startup India yet to take off?] IE20 – Catapulting businesses to the global stage [India Emerging Twenty] (IE20) aims to discover the next 20 most promising Indian companies to go global and provide them the visibility and platform to help them make a mark in the global arena. This unique programme is led by London & Partners, the Mayor of London’s inward investment company which has a proven track record working with over 2000 international businesses. The programme is supported by BDO, Newland Chase, Santander UK plc, Lalit Hotels and the UK’s Department for International Trade. Some of our last year’s winners – see [full list]. · [RateGain]works with 12,000 hotels worldwide to help them enhance their revenue and optimize their inventory. · Chennai-based [Indix] has the world’s largest product database now – 50,000 brands and over 700 million products. · Mumbai-based fintech and cybersecurity company, [Seclore], has created one of the most secure enterprise rights management systems in the world. The selected 20 companies will be felicitated and awarded, which will help them gain international recognition – critical to global expansion. The awards programme will also offer opportunities to network with investors, business heads, thought leaders and mentors of global repute. Courtesy of Air India, all 20 companies will be flown to London to participate in a high impact business programme during London Technology Week, in June 2017. India Emerging 20 Nominations close on Dec 23rd. [Apply now.] India is not China, and why it shouldn’t be "The recent chant of regulatory protectionism has honestly left me amused and intrigued. It’s surprising to see this come from some of our first-generation entrepreneurs who built fairly successful brands for themselves based on the funding they had raised and with that steered and created a market for their category. You ask what about them has caught my surprise?" First generation entrepreneur, [Ronnie Screwvala shares his opinion.] From Rs 30 cr to Rs 1,800 cr in 5 years, BigBasket says they are just getting started "There is a small poll and fight in the Mumbai office on who will go and deliver his order,” says Hari Menon, when YourStory asks him if Shah Rukh Khan really buys from BigBasket. This December, the online grocery startup completed five years, and it has been, in Hari’s own words, a great, roller coaster ride. [Here's their growth story.] That time of the year again – introspecting 2016 and crystal ball gazing 2017 "In 2016, VCs/entrepreneurs readjusted their expectations of the Indian market. 'India is the next China' started giving way to 'Wants vs. Needs', 'India 1 vs. India 2' and the like. Assumptions on 'size of the market' saw a correction and respect for capital made a return." [This and more from Parag Dhol,][MD at Inventus Capital Partners,] Startup stories of the day [With Rs 10 lakh monthly revenue, MonkeyBox brings foodtech to schools] [Snapdeal founders-backed Supr Daily raises seed funding from Venture Catalysts] [This rural innovator is helping TN farmers set up their own organic manure factories for just Rs 800] [Meet the IIM grad who went back to her roots in Bihar to start a school for underprivileged children] Movers & Shakers of Startup India on the year that was - 2016 YourStory reached out to some of the movers and shakers in the startup ecosystem to find out what they have done with the time given to them in 2016, the lessons they learnt in the past months, and what they hope to do with the ‘new time’ that will be given in 2017. Watch this space as we add more [2016 lessons and 2017 resolutions of entrepreneurs who are making a mark in the startup ecosystem]. What did you do with the time given to you and what will you do with it in the New Year? You can also write and be featured on YourStory. Click [here]. [Tell us how 2016 was for you] YourStory Media, 259, 2nd Main, 6th Cross, Indiranagar, Bengaluru, Karnataka, Bangalore, Karnataka 560041, India You may [unsubscribe] or [change your contact details] at any time.