May 27, 2024

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Govt nominates 28 non-official members on startup council

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The authorities on Tuesday nominated 28 non-official members on the National Startup Advisory Council, together with Byju’s Chief Executive Officer Byju Raveendran, Ola Cabs co-founder Bhavish Aggarwal, Kalaari Capital Managing Director Vani Kola and SoftBank India nation head Manoj Kohli.
The Department for Promotion of Industry and Internal Trade (DPIIT) had constituted the council on January 21, 2020, to advise the federal government on measures required to construct a “strong ecosystem for nurturing innovation and startups in the country,” acknowledged the Commerce Ministry in a launch.
The time period of the non-official members of this council, chaired by Commerce Minister Piyush Goyal, shall be for 2 years or till additional orders, whichever is earlier. Other members embrace ZestMoney CEO Lizzie Chapman, Urban Company co-founder Abhiraj Singh Bhal, Kris Gopalakrishnan of Axilor Ventures, Renuka Ramnath from the Indian Private Equity and Venture Capital Association, Uday Kotak of the CII and Uday Shankar of Federation of Indian Chambers of Commerce and Industry (FICCI).

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