Kunal Bahl | Kunal Bahl’s shout-out to Startup Inc, says ‘an exciting time’ for India

Bahl said India’s bright future is going to be significantly shaped by the problems and opportunities being addressed by thousands of startups.

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International shores and Ivy Leagues have long been the dream for many, specially those in the tech and management space. The pull of jobs in Silicon Valley or on Wall Street has for years led to Indians moving across oceans in search of a better life. Such was the glamour of this world, that not just those who pursued their higher education overseas chose to stay back there, but even the product of the country’s best IITs and B-school fished for job opportunities away from their homeland. But the startup culture in the country seems to be changing this trend.An early startup player in the country, Kunal Bahl recently took to Twitter to highlight this change, sharing a screenshot of statistics that showed India’s startup story.

According to the figures shared by the Snapdeal CEO and co-founder, the number of startups in the country founded by alumni IIT Delhi stood at 593. Number 2 on the list was IIT Bombay followed by BITS Pilani and IIT Kharagpur, with 529, 454 and 447 alumni as startup founders, respectively.The list featured several other Indian colleges including IIM Ahmedabad, IIT Kanpur and Madras among others.Stanford, Harvard, Wharton and MIT made an appearance at the bottom of the list, with 112, 106, 84 and 71 startups, respectively, that had alumni from these schools as their founders.Sharing these numbers, Bahl wrote, “Never before has it been such an exciting time for India and to be in India. India’s bright future is going to be significantly shaped by the problems and opportunities being addressed by thousands of startups.”

Never before has it been such an exciting time for India and to be in India.India’s bright future is going to be… https://t.co/04Lk6Q9DJ8

— Kunal Bahl (@1kunalbahl) 1630987377000

Bahl began his e-commerce company in February 2010 with his school friend Rohit Bansal at the age of 28.In September 2019, Bahl, along with Bansal, turned investors through their VC firm Titan Capital. With names like Bira 91, Mamaearth, Ola, Razorpay & Urban Clap, the VC backs over 150 companies in India and the US.

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