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India.com
02-05-2025
- Business
- India.com
MSMEs Take Center Stage at Vejalpur Startup Festival 2.0 as Focus Shifts Beyond Unicorns
Vejalpur Startup Festival (File) Vejalpur Startup Festival held its second edition in Gujarat. It stood up as well known faces not only Indian Startup world but way beyond then this. It brought a great impact on the country's MSME Segments. A grand event organised in the presence of Union Commerce Minister Shri Piyush Goyal, Paytm's Vijay Shekhar Sharma, and boAt's Aman Gupta, the conversations led to the high-growth startups and unicorn stories. Rather, it made space for the lesser-known, but no less substantial, role of India's 63 million MSMEs, enterprises that make up the backbone of the country's economy, and employ more than 110 million individuals. During his address, Minister Goyal made a pointed observation: India's economic ambitions cannot be realised without actively supporting its MSME sector. He spoke of the need for practical support through funding access, policy clarity, and easing compliance for the millions of small enterprises that quietly power the nation's growth. In a moment that many in the audience took to heart, a Certificate of Appreciation was handed to Ahmedabad-based Egniol, a platform that has been steadily working with MSMEs over the years. From guiding businesses through government and private growth schemes to supporting them with compliance, funding assistance, and long-term strategy, the firm has become a trusted partner to thousands of entrepreneurs across India, clearly building the MSME ECOSYSTEM with the help their Two public-interest platforms,i.e., MSME Samvaad and My MSME House. Those are reliable resources for business owners seeking clarity, updates, and guidance that reaches one lakh businesses subscribed and these initiatives play a significant role in driving MSME growth. The festival also showed the changing ways in which MSMEs are adapting to challenges. With growing regulatory requirements and the need to stay informed, digital platforms are increasingly becoming essential tools for small business owners. They offer one place to track policy changes, apply for schemes, and manage day-to-day requirements, freeing up entrepreneurs to focus on what they do best: run their businesses. While the Vejalpur Startup Festival remains an arena for fresh ideas and innovation, this year's iteration marked a marked change. The focus shifted, if only for a moment, towards the hundreds of millions of small businesses working behind the curtain, and towards the individuals and platforms they rely on. In doing so, the festival quietly reset its definition of success in India's business scene. The event did what most startup festivals try to accomplish: energizing founders and bringing about dialogue. What made it different was that it took time to stop and acknowledge those that don't tend to get put in the limelight.
Time of India
25-04-2025
- Business
- Time of India
Egniol Group of Companies recognised for its contribution to Vejalpur Startup Festival 2.0
The Vejalpur Startup Festival 2.0, held in Ahmedabad, served as a collaborative platform for entrepreneurs, policymakers, and business leaders to exchange ideas on business development and innovation. Tired of too many ads? go ad free now The event aimed to support startups and MSMEs by offering opportunities for learning and networking. Egniol Group of Companies , an Ahmedabad-based business consulting firm , was among the contributors to the event. The company received a certificate of appreciation from Union Minister of Commerce and Industry Shri Piyush Goyal for its participation and support in fostering the startup ecosystem. Conversations with members of the Egniol team indicate that the recognition reflects the organisation's continued engagement with entrepreneurship-focused initiatives. In recent years, Egniol has participated in various events such as NPC forums, MSME training sessions, and expos, including several organised in collaboration with the Ministry of MSME. These initiatives have focused on providing support, information, and resources to startups and small businesses across different regions. The company reports having spent the past seven years working with MSMEs across the country. Through these efforts, it has aimed to provide guidance, connect businesses to relevant services, and facilitate access to practical tools for development. Egniol has also initiated awareness campaigns like MSME Samvaad and My MSME House, which have gained visibility both online and offline within the MSME community. According to the company, their digital platforms currently engage with over 1 lakh business owners through various channels. Tired of too many ads? go ad free now At the festival, several speakers—including Gujarat Chief Minister Bhupendra Patel, Aman Gupta, and Vijay Shekhar Sharma—emphasised the importance of sustained support for startups and MSMEs and called for greater collaboration between public and private stakeholders.
