Challenges abound in areas like healthcare, education, linguistics and location, but the very same challenges uncover opportunities. The Confederation of Indian Industry (CII) discussed these opportunities recently at an event held in collaboration with Indo-British Scholars’ Association (IBSA) and Imperial College London.
“The complexity of issues has urged people to think, and think beyond the obvious. India has attempted to and has rapidly made significant change to motivate start-ups through efficient funding mechanisms. India is the world’s third largest start-up ecosystem, with several unicorns to its credit,” said Sunil Kant Munjal, CII past president, chairman of the CII National Start-up Council and chairman, Hero Enterprises.
The problems emerging from the sheer size and scale of population require many solutions to address them. Technology such as artificial intelligence, machine learning and big data are being harnessed for scale. E-commerce...