APRIL 20234EDITOR'S NOTEsiliconindia Vol 8 · Issue 01 · APRIL-2023 Publisher Alok Chaturvedi Asst. Managing Editor Heena Kousar Associate Editor Indranil Chakraborty Editorial Team Akanshah Shiwani Pradhan Samatha S. P. Sales & Marketing Roshini Singh Sahana N Poojary Nischita Prakash Naik Deepika Arvind Chakaravathy Venkata Sai Praneeth Akhila P Billav Editorial Queries editor@siliconindia.com To subscribe Visit: https://www.siliconindia.com/subscribe/ Magazine Price is Rs. 150 per issuePrinted and Published By Alok Chaturvedi on behalf of Silicon media Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017. Publisher Alok ChaturvediCopyright © 2023 Silicon Media Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.sales@siliconindia.comCirculation Manager Magendran PerumalGM Sales & Marketing Shashi RanjanManager - Design Prabhudutta A.R.N RayArt Manager Suanya ChakrabortyDesigners Souvik AcharyaMohammed RafikDespite the headwind due to COVID-19, the tailwind factors due to technology have gradually transformed the growth of startups. Opportunities abound for techie, innovative, and unique startups that are leveraging emerging technologies to create actionable outcome. Though the emergence of startup wave in India is a relatively new concept yet the government intends to nurture the startups & innovations predominantly. The pro active support and incentives offered and introduced by the government has immensely contributed to innovate and start `new ideas' and `new businesses'. The government has set-up a revolutionary scheme known as Startup India to help the people who wish to start their small, creative idea into business. These pro active support and incentives offered and introduced by the government is immensely contributing to innovate and start `new ideas' and `new businesses'. Thence, India is undergoing a drastic shift with entrepreneurship, innovations, and technology. Further this initiate is acting as a primary catalyst in job creation. A number of venture capitalists an angel investors are curious and gung-ho on Indian startups, as the vision lot of potential among young population on India. From early-stage to seed-stage the investments from the investors and profitability by the startups have witnessed considerable improvement. Both early-stage ($5.9 billion in CY2022) and seed-stage ($1.2 billion) investments grew between 25-35 percent over 2021. This is definitely the stepping stone for further growth in 2023. As a result, the startup eco system has remarkably proved its sole purpose. It has emerged as a great and best podium for young generation to invest, work, and gain experience simultaneously. In order to make India as number one destination for startups, it is very important to ensure entrepreneurship and economic development. Therefore, in India startup culture has created exceptional and perfect opportunity to hone young generation skills and advance their knowledge. Undoubtedly, due to penetration of IT, customers are becoming aware of the dos and don'ts along with convenient benefits, popularity and viability of startups are no more a difficult task and proposition for an entrepreneur.Asst. Managing EditorHeena KousarUplifting the Position & Standards of STARTUPS through Implementing New Technology & Government Schemes
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