2023 Startup Conclave

The Startup Conclave 2023 was held in Gandhinagar, Gujarat, India, on 7 December 2023. It aimed to highlight India's rapidly evolving startup ecosystem and foster innovation and collaboration within the country. Presently, India is home to over 108 unicorns, with a combined estimated worth of USD 340.80 billion. Of these, 44 unicorns with a valuation of roughly USD 93 billion were identified in 2021. Gujarat Chief Minister Bhupendra Patel, along with Union Ministers Dharmendra Pradhan and Rajeev Chandrasekhar, attended the roundtable as well.

Background
It was organized by the state education department in collaboration with the Department of promotion of industry and internal trade (DPIIT), with the Federation of Indian Chambers of Commerce and Industry (FICCI) serving as the knowledge partner, according to state government sources. The event was attended by established startup founders, investors, venture capitalists, industry experts, and innovators.

Representatives from unicorn startups, venture capitalists from around the country, and state businesspeople attended the summit, according to the minister. Additionally, Rajeev Chandrasekhar, Minister of State for Skill Development, Entrepreneurship, Electronics, and Information Technology, and Union Education Minister Dharmendra Pradhan also attended a roundtable meeting on December 6 in Gandhinagar. Rushikesh Patel stated, "To provide a more flexible and conducive environment for startups, the roundtable meeting and startup conclave aimed to focus on regulatory reforms, tax incentives, and enhancing the startup ecosystem in terms of compliance." A study of Gujarat's and India's private equity and venture capital investment landscapes will also be covered in the conversation.