This website requires JavaScript.
Daily Briefing

SoftBank, Tiger Global and Naspers may join Startup Council

Jan 30, 2020 by The Passage Team
SoftBank, Tiger Global and Naspers may join Startup Council

Marquee global investors, including SoftBank, Tiger Global Management and Naspers, could be part of the government’s National Startup Advisory Council, which will act as an overarching body for the country’s digital ecosystem.

The Council, which comes under the commerce ministry’s Department for Promotion of Industry and Internal Trade (DPIIT), will comprise 44 members, representing entrepreneurs, investors, policymakers, and government officials.

“Startups are very important for economic development and we’ve seen tremendous progress in the community in India,” said Guruprasad Mohapatra, Secretary, DPIIT. “This (Startup Advisory Council) is a more organised way of interacting with them to take note of their concerns and act upon them to whatever extent possible.”

Source: Economic Times

The Passage Team

The Passage is committed to creating in-depth content over technology industry across Asia with a focus on emerging startups in the technology, healthcare, education, food, tech, travel & mobility segments.

Follow The Passage Team