Entrepreneurial Success Requires Business Acumen, Says Anupam Mittal at the India Digital Summit 2024

February 29, 2024, Mumbai: In his speech at the India Digital Summit 2024, Anupam Mittal, the founder and CEO of Shaadi.com, stated that he believed “business and commercial acumen” to be crucial for success in the business world. He said that since “someone else with more commercial acumen is able to execute,” the company with the best product might not necessarily come out on top.

Mittal On Indulgence Of Technology In Business

Mittal stated, “I think technology is going to permeate every business,” in response to a question about the effects of technology and AI capabilities on businesses from Vivek Bhargava, co-founder of ProfitWheel and moderator of the fireside chat. That is beyond a shadow of a question; it already is.  AI will now penetrate every industry.  This does not imply that all businesses

In answer to an inquiry from the attendees regarding the industries that aspiring business owners ought to concentrate on, Mittal suggested “green energy” and “healthcare.” He went on to say that since technology has made people live longer on average, more companies are able to innovate in these fields. He did, however, add, “I believe the healthcare stack needs to be reimagined as the western model is not working. Furthermore, trying to make it work will be extremely costly considering our population. Thus, we will need to reconsider the entire stack in a bottom-up manner.

 More Details About The Event

Indian Cybercrime Coordination Centre (I4C), Ministry of Electronics and Information Technology (MeitY), Ministry of Information and Broadcasting (MIB), Union Ministry of Tourism, UIDAI, Government eMarketplace, In-Space, and Skill India Digital are among the partners that IAMAI is collaborating with to organise IDS 2024. Peak XV and WhistleFEED jointly power the summit, which is delivered to you by META.

Aaj Tak, Affle, Agrahyah Technologies, Air India Express, AiSensy, Albatross Media, Asianet News, Atmegame, Australia Trade & Investment Commission, Bharat BillPay, BillDesk, Builder.ai, Careers360, Chalo, Dataeye Asia, DigiBoxx, Ethinos, Fi Money, HERE India, indixital, Infinity Learn, Infobip, Interactive Avenues, ixigo, Jagran New Media, JOJO, Lionsgate, Liqvd Asia, MakeMyTrip, MapmyIndia, PivotRoots – A Havas Company, Razorpay, Shiprocket, Sinch, Times Internet, Transport Corporation of India, True Balance, ValueFirst, and Zupee are among the other IDS partners.

Anupam Mittal On The Indian Internet and Mobile Association

The Internet and Mobile Association of India (IAMAI) is a non-profit trade association that was founded in 2004 to represent the digital sector. IAMAI, which has 580 members that include start-ups and both Indian and international companies, has played a significant role in forming India’s digital economy. IAMAI supports legislation that are progressive and enabling for both consumers and businesses, as well as free and fair competition. Ensuring the advancement of the internet and digital economy is the main goal of IAMAI. Its primary focus areas include research, business-to-business conferences, public policy and lobbying, start-up support, and fostering consumer safety and trust.

By-Sapna Meena