Pic: Jayesh Ranjan speaking at the Hyderabad Entrepreneurial Ecosystem Collective organised by TiE. Also seen is Jennifer Larson, US Consul General in Hyderabad.
Supportive government, vibrant ecosystem partners, collaborative spaces contribute to success, says top official Jayesh Ranjan.
HYDERABAD, Feb 14 (The CONNECT) – Hyderabad’s transformation from 200 startups in 2014 to over 9000 today showcases Telangana’s focus on fostering an ecosystem for entrepreneurs, said a top state government official.
Hyderabad’s start-up ecosystem is collaborative and provides an array of collaborative spaces that foster innovation and collaboration said Jayesh Ranjan, Telangana Special Chief Secretary of the Industries & Commerce (I&C) and Information Technology (IT) Departments.
Speaking at the Hyderabad Entrepreneurial Ecosystem Collective organised by TiE on Thursday night, he remarked: “Hyderabad’s transformation from 200 startups in 2014 to over 9000 today showcases Telangana’s focus on fostering an ecosystem for entrepreneurs”.
There are many factors such as supportive government, vibrant ecosystem partners and collaborative spaces that led this growth by empowering startups in their journey with resources, investors, mentors, and support systems, he explained.
Ranjan appreciated the efforts of TiE in bringing together the city’s entrepreneurial ecosystem.
Over 40 ecosystem partners such as Incubators Accelerators, Investors, VS, Government, Industry Bodies, GCCs, Corporates, Consuls, Embassies and startups participated in the rectangular conference setup.
Earlier, TiE Hyderabad Chapter honoured Murali Bukkapatnam, on his election as the Chair of the TiE Global Board of Trustees, the largest entrepreneurial organization in the world for the year 2025. He is the first member of TiE Hyderabad to reach such a top level, first from TiE South India and second from across India. TiE is a Global entity spread across the globe in 65 cities in 15 countries and has 10,000 members.