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Below the Quote on Upcoming election results by Mr Nirav Choksi, CEO & Co-founder of CredAble

“India has made impressive strides to become a prominent geopolitical and economic force to reckon with. As India fortifies its global position, we hope the newly elected government will ensure a favorable regulatory environment by simplifying regulations and compliance procedures for startups, making it easier for entrepreneurs to start and run a business in new sectors. While the country’s startup ecosystem is backed by a strong entrepreneurial zeal, there is greater demand for timely and easily accessible funding opportunities. Moreover, as Indian startups are looking to relocate their domicile back to India and benefit from India’s growing economy, ensuring access to funding opportunities for startups will position India to become a hotbed of unicorn start-ups across different sectors. With supportive policies similar to the regulatory sandbox, startups in the FinTech sector will continue their stride as a sunrise sector and roll out innovative, purpose-built, and sachet-sized financial products.”

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