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Young Turks: What startups want from Union Budget 2021

Updated : January 28, 2021 08:17 PM IST

As we count down to the Union Budget 2021 on February 1, CNBC-TV18 has been speaking to business leaders from across the spectrum to keep fingers on the pulse of India Inc.

Year 2020 has been an unprecedented one for startups in many ways. While on the one hand, there were a whole host of founders who said that it has been their best year ever, on the other a large number of startups have faced existential challenges as working capital dried up, supply chains were hit and an altered consumer mind-set hurt the bottomline.

Entrepreneurs are now hoping to make a post-pandemic recovery and seek the government's help in getting their business back on track by simplifying policies and bringing in investment-friendly regulations that could help ease access to working capital, pull in domestic capital, improve the ability to attract, retain talent and of course the much-awaited clarity on overseas listing norms that would allow them to unlock value.

To discuss the budget wishlist for startups, Shereen Bhan spoke to Abhiraj Singh Bhal, co-founder of Urban Company; Karthik Reddy, vice chairman of IVCA, co-founder & managing partner of Blume Ventures and Padmaja Ruparel, co-founder & president of Indian Angel Network.

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