Former President Kovind Highlights Startups' Role in Innovation and Job Creation

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Former President Kovind: Startups Fueling India's Innovation, Job Creation

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News18•15-02-2026, 16:00

Former President Kovind: Startups Fueling India's Innovation, Job Creation

•Former President Ram Nath Kovind stated India is the world's third-largest startup ecosystem with over 2 lakh recognized startups.
•More than 100 Indian startups have achieved unicorn status, reflecting innovation and job creation.
•Kovind emphasized that business and values are partners, stating "Profit and purpose must move forward together."
•He highlighted that wealth serving society and enterprise rooted in ethics become meaningful and enduring.
•JITO Incubation and Innovation Foundation chairman Jeenendra Bhandari noted India's startup story is about value creation, not just valuation.

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