1 Lakh Entrepreneurs Vie For 1500 “Start Up India” Passes

The Indian entrepreneur community is early awaiting the announcements that are expected to be unveiled at the Start India event to be organized in New Delhi on the 16th of this month. Such is the interest around that event that an astonishing 1,00,000 people have registered for the passes. Sadly, there are as few as 1,500 passes available. 

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The event, which will be held at Vigyan Bhawan in the capital, will feature Narendra Modi, who is expected to announce a new deal for start-ups that will encourage entrepreneurship in the country. Other prominent attendees will be Uber CEO Travis Kalanick, Softbank CEO Masayoshi Son and WeWork founder Adam Neumann Around 40 Silicon Valley entrepreneurs, venture capitalists and angel investors have been invited as special guests. 

While the policies that the government is going to announce are still being given final touches, they could revolve around freeing start-ups from compliance burdens and a fund to provide easy access to finance. 

Given the massive rush for passes, the event will be streamed live at IITs, IIMs, Central universities, as well as those at incubators and start-up centres around the country.