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ETSA 2024 | New-age firms solving real-life issues with solid government backing: IDFC First Bank MD & CEO

Economic TimesEconomic Times · 1m
ETSA 2024 | New-age firms solving real-life issues with solid government backing: IDFC First Bank MD & CEO

- V Vaidyanathan, CEO of IDFC First Bank, highlighted India's impressive progress in the startup sector, attributing it to the robust digital ecosystem. - The government's initiatives and support system are playing a crucial role in fostering the growth of new-age companies. - Vaidyanathan acknowledged Nandan Nilekani for his contribution to India's digital infrastructure and the subsequent development of the startup ecosystem. - IDFC First Bank has a substantial number of startups as its customers, highlighting the bank's commitment to the startup community. - Vaidyanathan emphasized the importance of Bengaluru's ecosystem, driven by universities, young talent, and venture capitalists, but also acknowledged the need for improved infrastructure and amenities in the city.

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