As Covid-19 positive cases continue to rise, the multifold impact of the deadly virus is as mind boggling for business stakeholders as it is for health experts. It is evident that consumer spending is at an all time low due to panic among the masses and the absence of logistics and mobility on the streets which further affects the stock market giving rise to a market with lesser liquidity.
In order to curb the aggressive takeovers amid the current Covid-19 pandemic, the Indian government has revised the foreign direct investment (FDI) rules. What are the next steps for the startup ecosystem amid the wider impact of Covid-19?
About The Session
The recent press note on an approval process has raised a huge flutter amongst the Indian startup community as some of those covered have been large participants in the Indian startup ecosystem. India’s move comes on the heels of similar moves by other countries to ring fence their companies during these tumultuous times. In the first edition of “The Inc42 Show” we’ll explore this in detail.
The session would cover:
- What will the impact of this be on the Indian startup ecosystem — startups, VC & PE?
- How will this affect startups who’re fundraising at this time & those who have already secured funding from these sources?
- With the closing of this door, will another open in the shape of increased incentives for domestic participation?
- How will this affect Make in India & other schemes as well as greenfield investments in new sectors?
About The Panel
Session panellist include Siddarth Pai, founding partner of 3one4 Capital; Girish Vanvari, Founder, Transaction Square – a Tax, Regulatory and Business Advisory Firm; Deena Jacob, Cofounder and CFO, Open and Amit Bhandari, Energy Studies Fellow at Gateway House: Indian Council on Global Relations.
The panel will be moderated by Vaibhav Vardhan, Cofounder and CEO, Inc42 Media.
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