ET Soonicorns Summit 2023: Charting a course for startups to supercharge India’s techade

As the world stands on the precipice of a new era characterised by technological innovation, India is in the throes of its own digital revolution, a promising phase known as India’s ‘techade’. This term encapsulates the country’s forthcoming decade, a period expected to be brimming with technological advancement, increased digitisation, and rapid growth in the startup ecosystem.

In the context of India, the techade represents a crucial period where technology and digital innovation will be the cornerstone of growth. It aligns with the vision of transforming India into a developed nation by 2047, a goal set forth in the wake of the country’s 75th year of independence. India’s techade is not merely a concept but a roadmap for a progressive future where technology becomes a key driver of socio-economic change.

At the Bengaluru edition of ET Soonicorns Summit 2023 on August 26, key leaders, entrepreneurs, and stakeholders of the Indian tech-startup industry will deliberate on the roadmap for supercharging India’s techade, while spotlighting growth opportunities and ensuring knowledge sharing to equip startups, including those from Digital Bharat, to navigate the funding winter and market uncertainty to build profitable, scaleable businesses of the future.

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Catalysing a resilient startup ecosystem
With the theme ‘Resilience. Reset. Results,’ this year’s ET Soonicorns Summit – an Economic Times startup-tech initiative to track the next frontiers of growth for the sector and catalyse the rise of a resilient entrepreneurial ecosystem – represents a clarion call to the stalwarts, stakeholders, and aspiring entrepreneurs within the Indian tech and startup ecosystem to define a clear path to demonstrate resilience, profitability, and growth amidst a prolonged period of uncertainty and an overall tough operating environment.

Over the years, India has seen significant strides in internet penetration and smartphone usage, becoming the second-largest online market globally. These developments have laid the groundwork for the onset of India’s techade, opening new opportunities for startups and tech enterprises to innovate and grow.

Supercharging India’s techade
India’s techade encompasses a broad range of sectors and themes. For instance, it sees the rise of AI, machine learning, and data science, which are set to revolutionise fields like healthcare, finance, education, and agriculture. Similarly, emerging fields like blockchain technology, AR/VR, Internet of Things (IoT), and 5G are expected to make their impact felt in the next decade.

Furthermore, the techade places a significant focus on digital inclusivity and aims to bridge the digital divide by bringing technology to the nation’s grassroots level. This focus is evident in the rise of ‘Digital Bharat’ startups aiming to bring digital services to every nook and corner of India.

ET Soonicorns Summit 2023 will, therefore, feature soonicorn, unicorn, and investor roundtables, dedicated sector tracks, as well as in-depth, real-world insights-driven conversations on key themes including:

• How Startups can Power India’s Techade & the India@100 Vision
• Road to Startup IPOs: Tracking Financial Preparedness & Key Trends
• The Rise of Digital Bharat 2.0 Startups
• Lessons in Resilience & Navigating the Funding Winter
• The Pursuit of Profitability & Sustainable Long-term Growth
• Back to Basics: Zeroing in on Corporate Governance and Transparency
• The Future of AI in India
• Make AI in India: Betting on the AI Revolution & Tracking AI Innovations
• Reverse Flipping and its impact, and more…

The ET Soonicorns Summit 2023 will build on the success of its inaugural virtual edition to offer attendees the chance to attend this virtually or on-ground, first at Bengaluru, and later, at Delhi NCR. The hybrid event will offer unparalleled opportunities for the most influential leaders in the Indian startup ecosystem to impart valuable knowledge, tools, and resources to aspiring entrepreneurs and next-generation unicorn founders.

The first edition of the two-day-long ET Soonicorns Summit in 2022 and its Premiere event, which was held in the months of August-September 2023, featured over 50+ speakers, including policymakers, top entrepreneurs, investors, and other stakeholders across 25+ sessions and over 6 sector-focused tracks – Healthtech, Web3, SaaS, Gametech, Fintech, and Agritech.

Register now to be a part of the ET Soonicorns Summit 2023 event at Bengaluru on 26 August 2023. For more information, visit the ET Soonicorns Summit website.