INDIAN AMERICAN VC CALLS FOR STREAMLINING INDIA'S STARTUP ECOSYSTEM
The Business Guardian|December 14, 2023
Shukla, former TiE Silicon Valley president and seed-stage investor, emphasizes startup importance, leveraging vast experience, advising governments on fostering innovation and economic growth.
INDIAN AMERICAN VC CALLS FOR STREAMLINING INDIA'S STARTUP ECOSYSTEM

In a recent interview, Venkatesh Shukla, a prominent Indian-American venture capitalist from Silicon Valley, has urged the Indian government to establish a short-term inter-ministerial commission. The purpose of this commission would be to conduct a comprehensive review of rules and regulations governing startups. Shukla emphasized the need to reduce the compliance burden on startups and businesses to foster an environment conducive to their growth.

As the former president of TiE Silicon Valley and a Mountain View (us) seed-stage investor, Shukla brings a wealth of experience to the conversation. He is the founder and general partner of Monta Vista Capital, with a proven track record in leading companies through rapid growth in various managerial roles.

Shukla has also been an advisor to the Indian government and several state governments on matters related to startups. He highlighted the significance of startups in creating new jobs, bringing dynamism to the economy, and generating wealth. Drawing a parallel with the success of the United States, he underscored the importance of innovation in sustaining economic growth over the years.

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