ET Startup Awards mirroring India’s startup evolution: Satyan Gajwani

The evolution of The Economic Times Startup Awards parallels the growth of India’s startup ecosystem, said Satyan Gajwani, chairman of Times Internet, in his welcome address at the event celebrating the country’s most coveted accolades for entrepreneurship.

“In the early years of the awards, startup success often depended on the blessings of a few big venture capital firms–that’s changed,” said Gajwani. “Startups have become part of India’s investing fabric. Teachers, engineers, small business owners, ordinary Indians are trusting you with their hard-earned savings. That’s a tremendous privilege; also, a huge responsibility.”