You are here: Home » News-IANS » Business-Economy
Business Standard

Companies laud Modi's 'Start up India' call

IANS  |  New Delhi 

Prime Minister Modi's 69th Independence Day address to the nation with the slogan "Start up India, Stand up India" was lauded on Sunday by a host of companies in areas like mobile technology startup, mobile payments and gaming.

Thanking the prime minister for putting the focus on startups, Rohit Raghav, co-founder of mobile technology startup Phone Warrior said in a statement: "Whether it is helping producers sell their wares or removing inefficiencies in economy or creating tech winners for the future, Indian startups can play a pivotal role in PM's vision for "

Modi on Saturday said the country's youth be given opportunities and support to become entrepreneurs in their own right, notably the deprived.

"In the coming days, start-ups will be promoted in every corner of the country. Start up India, Stand up India," the prime minister said.

"All banks in our country must contribute to a start-up revolution," he added.

"I'd like to congratulate our PM on yet another smart move. A strong startup ecosystem will certainly contribute significantly in our nation's growth," Ankush Gera, CEO of gaming company Junglee Games.

"As an integral part of the Indian e-commerce ecosystem, we shall definitely try and play our role in the initiative," said Nitin Gupta, CEO and co-founder, Payu

Neeraj Jain, co-founder, Zopper, said: "Encouraging startups is the easiest way to solve many problems of the country like employment creation, economic growth and making people lives better."

"A robust start up ecosystem and a strong entrepreneurial culture are the keys to rapid employment creation and more importantly, can create a huge global differentiator for India," said Harman Singh, CEO and founder of WizIQ.

Krishna Lakamsani, CEO, iPay Tech said: "The initiative 'Start up India,

Stand up India' is first of its kind by central government. It is a great vision of our PM recognizing the entrepreneur ship and employment which comes out of it."

First Published: Sun, August 16 2015. 21:38 IST