Here’s who took the stage on day 3 at TechSparks 2022

A Your history, we strive to tell stories of entrepreneurs, investors and stakeholders from the Indian startup ecosystem who are working hard to take India to new heights. The ecosystem works like a giant machine, with different gears and levers. At TechSparks, India’s most influential emerging technology event, we bring all these parts together and show how the machine works.

This year at TechSparks 2022, we made it bigger and better!

On the final day of the summit, guest chief and Union Finance Minister Nirmala Sitharaman graced the stage with great aplomb as she spoke about India’s tech stack and the role that startups must play in the future of the India.

At one point, he doffed his hat to the founders in the audience, saying they were India’s new “economic freedom fighters.”

Drawing attention to India’s tech stack, FM Sitharaman said that for India to emerge as the world’s third largest economy, technology-driven innovations must play a crucial role, and they must be local, affordable and scalable.

“India is a cost-conscious country,” he said.

On a lighter note, FM Sitharaman, who arrived at the event directly from the airport, said that he hated taking flights and preferred to travel slowly by train.

He noted that India is now setting global benchmarks with its technological prowess, forcing other countries to take notice.

“You have seen global benchmarks hit in India during the pandemic,” FM Sitharaman said, delivering the keynote address to a packed gathering of emerging entrepreneurs and investors. “The scale of the digital revolution, India Stack, has not been achieved anywhere else. That is what we need to take advantage of and capitalize on.”

Nirmala Sitharaman

Nirmala Sitharaman

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During the day, we also spoke with the co-founder of Polygon Sandeep Nailwal who described Web3 as a horizontal technology for decentralized computing and a movement that can create global community-owned companies outside of India.

He also stressed that Indian entrepreneurs should not pass up the Web3 opportunity because of some bad players.

Sandeep said that many Indian entrepreneurs can follow in the footsteps of Polygon and seize the opportunity. “We are well on our way to building a truly world-class company like Google. There is always the feeling of What’s Next? And from here we cannot fail”, he added.

Wallah Physics Alakh Pandey He then talked about his plans for the unicorn startup and why he’d like to focus on vernacular content. He also talked about how he pays more attention to complaints than profit and loss metrics.

Sequoia Capital Shailendra Singh capped off the action-packed three days, offering a useful insight from an investor’s perspective.

“A lot of people will give you advice as a founder…it doesn’t cost anything. One of the things you have to develop as an early-stage founder is how to gauge the advice that really matters,” he said.

He also said that despite the funding winter, the founders have worked to improve the economic metrics of the units and that he “personally loves those markets.”

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