The Department of Commerce of Hansraj College recently organised their Annual Panel Discussion E-Talk. The topic of discussion was the ‘Current Start-up Ecosystem in India’. It saw three renowned entrepreneurs as the panellists for the day. The panel included Mr. Umang Kumar, founder, Gaadi.com and president, Cardekho.com; Mr. Rohit Chawla, founder of iLabs and Shopsberry.com; Mr. Alok Vaish, CFO, Yatra.com and an alumnus of Hans Raj College.
The panel discussion revolved around the current start-up culture in India and how it has evolved with time. Each of the panellists discussed each aspect of entrepreneurship and its skills in much detail. They shared their own stories of how they had managed to come so far in business. There were constant queries from the moderator and the panellists successfully tackled each one of them.
Mr. Chawla told how difficult it was for him in the beginning due to his loss of connections in India, while he was studying in foreign countries. Mr. Umang Kumar shared his story of how, in the beginning, his father had downrightly rejected his idea of starting up a start-up. He eventually saw potential and dedication in his son and supported him through thick and thin from then onwards. Mr. Alok Vaish, on being asked that how entrepreneurs deal with the failure, encouraged the audience with his words, “The most important thing is to believe in your idea and thought process.”
This was followed by an interaction with the students in the audience. There were questions like- how to approach the investors, how to prevent one’s idea from being stolen by another person, which is better- going for higher studies or starting up a business right away, amongst many others. The students looked interested in knowing more and more about the skills and risks involved with setting and starting up a new business. The panelists made it very clear that it is necessary to work hard and there is no way out.
Despite the slight delay in the starting of the event, it concluded on a successful note. The three panelists were presented with the token of gratitude by the teachers of the Commerce Department of the college.
Pictures by Shaurya Sahai for DU Beat