As of April 2024, there are said to be close to 130,000 startups recognized by the DPIIT and it’s said that these startups could add $1 trillion to the economy by FY2030. And India is said to have close to 65 million MSMEs in India, which is said to contribute about 30% of India’s GDP.
But, how can startups/MSMEs get to the next level? How can they be armed with tangible and meaningful insights beyond just generic advice to get strapped to a rocket?
Rizing curated The Rizing Equality Summit in February 2024 in Mumbai, which was in partnership with the British High Commission in India, one of India’s leading law firms Khaitan & Co, Federal Bank and Bandhan AMC
https://rizingtv.com/the-rizing-equality-summit-2024-looking-back/
&
The Rizing Equality Entrepreneurship Forum – The Delhi Chapter in July 2024, which was in partnership with the CGTMSE & supported by IDBI Bank and Qila.
https://rizingtv.com/rizing-equality-entrepreneurship-forum-delhi/
And in October 2024, Rizing took its smart conversations and ideas that it curates to another city: Hyderabad.
That’s right, the Rizing Equality Entrepreneurship Forum 2024 – The Hyderabad Chapter took place on 5th October 2024 and brought together current and aspiring startup/MSME professionals, investors and other stakeholders.
For The Hyderabad Chapter, Rizing was in partnership with the CGTMSE (Credit Guarantee fund Trust for Micro and Small Enterprises) – jointly formed by the Government of India, the Indian Ministry of MSME and SIDBI – and was supported by one of India’s leading law firms Khaitan & Co.
And aspiring to become the AI capital of India, there are new-age sectors brewing in Hyderabad, like IT, biotechnology and e-commerce, while, also, being IT, pharma and aerospace hubs.
Date: 5th October 2024
Venue: 7th Floor, T-Hub Oasis, 20, Inorbit Mall Rd, Vittal Rao Nagar, Madhapur, Hyderabad, Telangana-500081
AGENDA:
09:00 to 09:30 – Registration
09:30 to 09:35 – Opening Remarks
09:40 to 10:25 – Forging Fire: How India’s Entrepreneurs Can Have The Grit Factor (Panel)
This panel explored how, in a VUCA world, entrepreneurship is being navigated, how startups/MSMEs can have a deep understanding of market needs, the mandate for entrepreneurs to bounce back, learn and grow, cultivating a growth mindset, becoming an expert at pivoting, how investors look at what makes a sustainable business, the importance of mental health in maintaining resilience and more.
SPEAKERS:
Anupam Pandey, Manager – Investments & Programs – Anthill Ventures
Ashwani Singh, Managing Partner – 35North Ventures
Deepak MV, CEO – OpenPlay Technologies (Part of Nazara Technologies)
Kisshhan Psv, Founder & CEO – H-Bots Robotics
Namit Agarwal, Senior Vice President of Digital Transformation – Omega Healthcare Management Services
10:30 to 11:15- The Ascending Of AI: Navigating India’s AI Landscape (Panel)
This panel explored how, at a time when Hyderabad has an ambition to become an AI capital, entrepreneurs could leverage AI as the core of their businesses, analyze India’s position in the global AI race, competitive advantages India may have, what areas may need development, the obstacles that AI startups may encounter in 2024 and beyond, what the funding landscape is like, unexplored opportunities in the AI realm, dealing with new challenges and liabilities associated with AI, how this could align with India’s “AI For All” vision, the unexpected doors AI can open for business in India and more.
SPEAKERS:
Harish Chandra, Founder – SarvM.AI
Monu Mahali, Head Of AI & Data Science – SmatBot
Raj Samala, Founder – Pushpak.ai
Saurabh Gupta, CEO & Co-Founder – VeriSmart.ai
11:20 to 12:05- Decoding Lending To MSMEs: Exploring The Roadblocks Along The Way
This panel explored the intricacies of securing financial backing in 2024 and beyond, gaps in the market that need to be plugged, opportunities for MSMEs/startups when it comes to securing capital, alternative financing mechanisms, evolving benchmarks that are used to evaluate potential investments, selling your brand to fundraise, post-funding challenges and more.
SPEAKERS:
Anil Kumar Siddu, Angel Investor – Inflection Point Ventures
Arvind Modi, Partner – Sathguru Catalyser Fund
MSRK Murthy, Assistant General Manager – CGTMSE
Shreekant Mandke, Angel Investor – SucSEED Venture Partners
Udayarkar Rangarajan, Partner – Khaitan & Co
12:10 to 12:55 How SMEs Could Get Their Due Credit (Talk)
This session, with MSRK Murthy, Assistant General Manager of the CGTMSE, explored catalyzing institutional credit for MSEs, understanding the challenges MSEs may face when it comes to securing financial support, dealing with the credit gap for MSEs in India, making credit more accessible and efficient, how the CGTMSE could mitigate risk for MSEs in India & more.
12:55 to 13:00 – Address By Suresh Kumar Singhal, President – FTCCI
13:00 to 13:30 – Lunch Break
13:30 to 13:50 – The Legal Minefields Before The Milestones (Workshop)
This workshop by Aniruddha Basu, Partner – Khaitan & Co, explored the legal awareness that startups need to have, conceptualizing and structuring one’s venture, the prospects of public listings, M&As, what needs to be kept in mind, when it comes to governance, fundraising pitfalls and more.
13:55 to 15:10 – Rizing Startup Business Plan Competition @ Hyderabad
This session, in a presenter format, was a showcase that would explore 5 MSMEs/startups. Here’s a way to celebrate entrepreneurs driving change, one groundbreaking idea at a time.
Here’s to celebrating India’s unsung heroes, its silent engine of growth & the driving force behind innovation and job creation.
