IFMR GSB (Graduate School of Business), Krea University in partnership with TiE (The Indus Entrepreneurs) Chennai and The Chennai Angels on Saturday hosted Confluence 2024 on the theme Catalyzing Entrepreneurship.
In his inaugural address, Gopal Srinivasan, Chairman and Managing Director, TVS Capital Funds Limited, said there are 700 start-up incubators in India today. He also said a lot of entrepreneurship happens outside start-up with 70 million micro and small enterprises and produce 40% of the nation’s GDP.
Another opportunity is impact entrepreneurship. India has 2 million social enterprises. The 150-million-people, who are below the poverty line, need a lot of social impact work. India is emerging as the strongest home of social entrepreneurship, Mr. Srinivasan said.
