NSRCEL, IIM Bangalore’s Centre of Excellence in Innovation & Entrepreneurship, hosted SummitUp 2024, its annual entrepreneurship conclave. SummitUp focussed on the themes of Tech & DeepTech, Governance, Impact, Funding and the Gender Lens. It brought together 300+ startup founders, industry experts and entrepreneurship enthusiasts, signalling its significance in India’s entrepreneurial ecosystem. A key highlight of the event was the launch of the ‘India Incubator Kaleidoscope 2024’ report, jointly developed by NSRCEL, IIM Bangalore, and IIT Madras. The report emphasizes the vital role incubators play in fast-tracking startup growth, driving accelerated funding, intellectual property creation, and greater robustness.
The keynote address was delivered by Amitabh Kant, G20 Sherpa, Government of India, and ex-CEO of NITI Aayog. He spoke about India’s journey towards becoming a $30 trillion economy and the need to encourage entrepreneurial disruption to solve challenges like governance and funding, further fuelling entrepreneurial ambitions in the country.
The second day featured a keynote address by Vipul Parekh, Co-Founder of bigbasket.com. The address, titled ‘Founding the Vision: Navigating Milestones, Challenges, and the Journey of Building a Startup’, gave the audience actionable insights on building customer-focused products, refining core ideas, and fostering a strong, team-driven culture – areas that are key to a startup’s growth.