Mr. Dilip Modi, Founder & CEO of Spice Money
India’s position as the fourth-largest recipient of global tech startup funding is a testament to the remarkable entrepreneurial spirit that thrives in our nation. Entrepreneurship is not just about building businesses; it’s about solving real-world problems, creating jobs, and driving innovation. It is about resilience, vision, and the relentless pursuit of making a meaningful impact on society.
In my journey as an entrepreneur, I have encountered both immense challenges and unparalleled opportunities, especially in addressing the needs of those living in the most remote areas of our country. My journey with Spice Money has been profoundly enriching, teaching me invaluable lessons about the power of technology to create inclusive growth. At Spice Money, we are proud to have created employment for 14 lakh Adhikaris, who are key nanopreneurs driving financial inclusion across rural India. By equipping them with essential tools and resources, we empower these individuals to succeed in their entrepreneurial endeavors. Our extensive network spans across 2.44 lakh villages and 6,475 blocks, covering 95% of India’s pin codes. This broad reach not only underscores our commitment to empowering local entrepreneurs but also reinforces our role in bridging the rural-urban divide and advancing financial inclusion throughout the country.
The government has been supportive in fostering this entrepreneurial ecosystem, with initiatives like the Startup India Initiative and the Startup India Seed Fund Scheme, which have created a nurturing environment for homegrown startups and innovators. These efforts have been instrumental in driving the next wave of growth and ensuring that the spirit of entrepreneurship continues to flourish across the country.
On this World Entrepreneurs Day, we celebrate the indomitable spirit of entrepreneurship that is driving India forward, and reaffirm our commitment to fostering innovation and digital inclusion for everyone”
Mr. Madan Padaki, Chair of TGS24 and President of TiE Bangalore
“World Entrepreneurs Day is more than just a celebration; it’s a powerful reminder of the transformative potential within each entrepreneur. When we combine the entrepreneurial spirit with a commitment to social good, we create a force that can address some of the most pressing challenges of our time. Today, we see an inspiring energy among startup founders, particularly young visionaries stepping forward with bold, purpose-driven ideas. This excitement is mirrored by early-stage investors, whose eagerness to support these ventures signals that Karnataka and Bengaluru are not just fostering a startup ecosystem for today but are laying the groundwork for the next century of innovation. If you have a great idea and the passion to pursue it, now is the time to take that leap. And if you’re facing challenges in achieving profitability, view this as an opportunity to recalibrate, as the capital is here, ready to back innovative ideas and dedicated entrepreneurs. The future belongs to those willing to innovate, lead, and make a difference. On this day, at TiE, we reiterate our commitment to supporting all entrepreneurs in their journeys to make the world a better place.”
Vedant Hamirwasia, Director of ODA Class
“Entrepreneurship is about solving real problems with practical solutions. It’s not about the glamour or the title; it’s about resilience, adaptability, and a willingness to learn every day. In the journey of building ODA Class, I’ve learned that success doesn’t come from grand ideas alone but from the consistent effort to execute those ideas effectively. Challenges are inevitable, but they are also opportunities to grow and innovate. To all the entrepreneurs out there, focus on understanding your customers, delivering real value, and staying grounded in your mission. The rest will follow.”