Commenting on the Startup Policy Forum’s initiative, Piyush Goyal, Union Minister of Commerce and Industry said this ‘should reinforce India’s global leadership in the new-age economy.’ File photo
| Photo Credit: ANI

Startup Policy Forum (SPF), an alliance to advance India’s emerging sectors and a platform for collaboration between founders, policymakers and regulators, announced its formation on Thursday (December 5, 2024).

SPF has already brought together 30 startups including Razorpay, CRED, Pine Labs, Groww, OYO, Swiggy, Practo, Dream11, MPL, Cars24, CarDekho, Acko, Ixigo, Livspace and Jupiter. It would limit its members to 100 startups.

According to a statement from SPF, the forum will foster constructive collaboration between founders, policymakers and regulators, and it will also bolster the government’s initiatives to position Indian startups on a global platform.

Commenting on the initiative, Piyush Goyal, Union Minister of Commerce and Industry said in the statement that, ‘‘Our startups are driving transformative change by democratising business and converting job seekers into job creators. We are glad to see many founders joining the Startup Policy Forum (SPF), which should reinforce India’s global leadership in the new-age economy.’‘

SPF was founded by Shweta Rajpal Kohli, who worked across industries including venture capital, technology and media.

To drive sector-specific initiatives and policy expertise, SPF has established four specialised councils: the Fintech Policy Council (FPC), Consumer and Commerce Council (CACC), Emerging Tech & AI Council (ETAC), and New-Age Public Companies Council (NPCC), as per a press statement.