The Indian startup ecosystem has lauded the inclusion of startups in the New Delhi Leaders Declaration for the first time ever in the history of G20.
Industry stakeholders say that the move will lead to easier access to capital, reduce regulatory hurdles, and may revive funding activity.
The Declaration, through the Startup20 initiative, recognised startups as natural engines of growth and key to socio-economic transformation by driving innovation and creating employment.
This comes at a time when the Indian startup ecosystem has been mired in a spate of financial mismanagement, flurry of layoffs and reports of non-compliance with regulations.
Amazon Indias senior executive Amit Agarwal told ET in an interaction that the ecommerce giants newer investments in the country are going into technology and services to bring more shoppers online. This and more in todays ETtech Morning Dispatch.
Chandrayaan-3: Startup founders are jubilant after India leaves an indelible mark on the moon yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.
The Indian Space Research Organisations (ISRO) Chandrayaan-3 mission successfully put down its lander Vikram on the moon on Wednesday, nearly four years after its predecessor crashed during the landing attempt.