INVESTING IN STARTUPS
We need business to understand its social responsibility that the main task and objective for a business is not to generate extra income and to become rich and transfer the money abroad, but to look and evaluate what a businessman has done for the country, for the people, on whose account he or she has become so rich. On this note, it can be said that Aman Mehndiratta is performing as a true and fruitful businessman for the country and society. He knows all the does and don’ts for the better future for what he has an ambition and working on it consistently. The business ideas and models he has adopted turned out to be so productive and effective. As an investor, he c hose relevant technological projects and startups to put his resources in. let’s discover why. Science and technology are a propellant for building a thriving country, and the happiness of people and future of the country hinge on their development. There is hardly any doubt that technology is playing a very crucial part in encouraging the development of nation and its living. The technology can be regarded as primary source in economic as well as social development and the various technological changes contribute significantly in the development of developing countries you say, India. Aman Mehndiratta relies on the notion that any sufficiently advanced technology is indistinguishable from magic for development. Actually, technological advancement and economic growth are truly related to each other. From a very early age, he had a yearning inclination towards the technologies and its impact on our lives. He got amazed by how technology makes our lives apparent and simple sailing simultaneously saves time as well.
Aman observed that innovation or technological progress is the only determinant of economic progress, but if the level of technology becomes constant the process of growth stops. Thus, it is the technological progress which keeps the economy moving. Inventions and innovations have been largely responsible for rapid economic growth in developing countries. On the other hand, the level of technology is also an important determinant if we want greater outcomes. The rapid rate of developmental growth can be achieved through high level of technology. This made him think about providing a profuse support to the technology to spread and grow and let the society enhance on an exponential rate, so to accelerate the process; he decided to make investment into tech ventures and technological projects. Every big gun of technological field has stated that innovation is the key to success, newness and uniqueness must be considered and supported to make this world a better place in every aspect. The moment Aman realized, there are many unique and innovative ideas which come from every corner of the nation, but cannot get executed or cannot come in light due to lack of proper resources, he immediately decided to provide them with every possible funding and prevent them from stunting. The core belief of Aman Mehndiratta is that, a successful society is characterized by a rising living standard for its population, increasing investment in factories and basic infrastructure, and the generation of additional surplus, which is invested in generating new discoveries in science and technology and he is determined to make it become operative.