‘Governance creates value in long run, not branding’

India’s G20 Sherpa Amitabh Kant emphasized the need for startups to prioritize governance over relentless growth to avoid misgovernance. He stressed the importance of a self-regulating ecosystem for startups to ensure consistency in growth. This advice follows recent instances of governance issues in major startups like Byju’s, once valued at $22 billion. Kant’s call for a governance framework underscores the significance of ethical practices in sustaining India’s startup success story.

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