1947 Rise ☀️: 220
India to be 2nd largest economy by ’50
1. India to be 2nd largest economy by ’50: Adani
It took India 58 years to get to its first trillion dollars of GDP, 12 years to get to the next trillion and just five years for the third trillion
India will start adding a trillion dollar to its GDP every 12 to 18 months.
India will start adding a trillion dollar to its GDP every 12 to 18 months, putting it on track to be a $30 trillion economy by 2050,” Adani said.
2. Companies need to show 2–3 quarters of profitability before IPOs now: Accel’s Shekhar Kirani
Shekhar Kirani, who bagged the Midas Touch Award for best investor at The Economic Times Startup Awards 2022, said companies must show profitability for at least two quarters before they approach the public markets.
1947 Rise podcast with Karan Mohla, Partner and Head of India and SEA for early-stage investments at B Capital Group.
- Karan’s professional journey so far
- Karan and B Capital’s thesis for India
- His views on India’s startup ecosystem now and the way forward
Watch the full conversation on Youtube: https://bit.ly/3X3bu7J
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Govt has earmarked Rs 1,000 crore to fund chip design startups: Rajeev Chandrasekhar Link
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