Featured Image Courtesy: SG Suryah Twitter
BJP TamilNadu Overseas Tamil Cell’s #StartupTenkasi Programme concluded at Essaki Mahal, Tenkasi on March 12, 2022.
200 startup ideas were pitched at the event, which was a first-of-its-kind initiative by BJP Tamil Nadu. Twelve finalists were selected after rigorous evaluations.
The event on Sunday was attended by Padmashri Sridhar Vembu, founder of Zoho, and other members of the BJP, including Minister of State for Skill Development and Entrepreneurship of India, Rajeev Chandrasekar (who attended virtually). During his address, Rajeev Chandrasekhar discussed India’s Startup India initiatives. Sridhar Vembu, founder of Zoho, praised the quality of the startup ideas. Aside from motivating the crowd of youngsters and students, he urged them to be endlessly curious.
Winners of the competition were awarded cash prizes, and Mr. Vembu hosted a dinner for the finalists.
PM Narendra Modi’s pathbreaking initiatives to encourage startups in India were highlighted by the speakers at the event. Since 2016, 80,152 startups have been launched in India, providing jobs to lakhs of people. Currently, India ranks third in the number of unicorns, second in the number of startups, and first in the number of startups emerging every day. Among 23 companies, 13 became unicorns in 2022, by becoming profitable.
The event featured the growth story of Tier 2 and Tier 3 cities under PM Narendra Modi’s leadership. Several young entrepreneurs from different parts of India attended the event to showcase their innovative ideas and gain recognition.
Tamil Nadu BJP President K Annamalai was unable to attend the event owing to illness, he shared a tweet regretting his inability to participate.
The top 3 winners were Jeeva Fabtech, Five Max, and Microzoom zones, and were awarded a cash prize of ₹1 lakh, ₹50,000, and ₹25,000 respectively.
Startup Tenkasi is an initiative aimed at making Tenkasi the Estonia of India. Located in northern Europe, Estonia is one of the most technologically advanced countries. A number of innovative educational models, virtual businesses, and digital citizenship are the hallmarks of the country. Tallinn, the capital, has a vibrant start-up ecosystem. Video service Skype was created in Estonia, revolutionizing the way the world communicates, similarly, Tenkasi is the home of Zoho Desk, a successful software product of Zoho Corporation.
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