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Investments Should Impact the Society: Chiratae's Sudhir Sethi

You're reading Entrepreneur India, an international franchise of Entrepreneur Media. India is the third largest startup ecosystem in the world with about more than 50,000 startups. A key role in the growth of the startup ecosystem is played by investors, especially the venture capital firms. Chiratae Ventures is one of them. Sudhir Sethi, co-founder, Chiratae Ventures discussed about the essentials which are required for a sustainable and a better way for investing while speaking at Entrepreneur India’s Tech and Innovation Summit 2021. “The purpose of a fund is not just to make an investment but to make an investment in the society, and to make this impact it is important that we look at society as a whole,” emphasized Sethi. Expressing his views regarding investments that were made in the last few years and their impact on the society, Sethi said a number of LPs today ask, “You are investing in these companies. What’s the impact on the society?...
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The Challenge Is To Connect 1.4 Billion Indians Through Internet: Axis Bank's Amitabh Chaudhry

You're reading Entrepreneur India, an international franchise of Entrepreneur Media. COVID-19 pandemic has been an inflection point to bring about a radical change in not only how bankers think about the banking industry but the nation as a whole. It has affected individual lives and this pandemic has brought changes which are going to stay permanently. And no doubt it has become the new normal. Building a cashless economy and democratizing the household economy is one of the growing major concerns. Amitabh Chaudhry, managing director & CEO, Axis Bank, discussed all of these major concerns in during  Entrepreneur India’s Tech and Innovation Summit 2021. Chaudhry explained that some Scandinavian countries such as Sweden, Denmark and Norway are adopting cashless payment systems very effortlessly. Sweden for example, has less than one per cent of cash in the GDP. The reason why the cashless payment system works so well in these countries is that even small sellers and ...
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