Indian start-ups are disrupting the world especially in health, nutrition and agriculture sector: NITI Aayog CEO

In an event organised by FICCI Ladies Organisation (FLO), Niti Aayog CEO Amitabh Kant has said Indian start-ups are disrupting the world and women-based entrepreneurship is one of the vehicles for realising a more equal society. He also said India at present has more than 61,000 start-ups and 81 unicorns.

According to Kant, women-owned businesses and enterprises are playing a very prominent role in society and will soon be the next big disruption within the Indian start-up ecosystem.

“Indian start-ups are disrupting the world especially in new emerging areas of health, nutrition and agriculture. Women-based entrepreneurship is one of the vehicles for realising a more equal society as more women take on entrepreneurship, it serves as a catalyst for socio-economic transformation, by enhancing women’s agency and status,” he said.

The Niti Aayog CEO noted that presently venture capital (VC) and private equity firms are supporting women start-ups. Kant said today India is a compelling growth story poised for rapid growth in consumption, urbanisation, and digitisation along with rising income levels.

To all the women entrepreneurs including potential entrepreneurs, he said: “The world is looking at India very favourably.”