Bala Nadar and his team at Startupwala are on a mission to make India the entrepreneurial hub of the world. The online legal services platform was set up in 2009 to support small businesses and start-ups with their start-up legalities and documentation, trademark registrations, and compliance challenges.
Today, the company is in an enviable position. With only two offices in Pune and Bengaluru, the firm has onboarded 67,000 customers across the length and breadth of the country. It has also helped register around 37,000 trademarks.
And with reforms such as GST and Startup India encouraging the formalisation of the six-crore strong SME sector, Startupwala’s growth story has merely begun.
Nadar, Founder of Startupwala.com is passionate about more than just his own company’s growth.
“I believe that we are at a point today where India can become a global entrepreneurial hub,” he declares.
“But this can only be achieved when the growing number of informal businesses are made aware of the benefits of a structured ecosystem.” As registered corporate entities, SMEs can take advantage of market opportunities, and will have greater access to funding from banks.
“We don’t want to be just a service provider,” explains Nadar. “We want to drive an awareness of the benefits of corporatisation of businesses and formalisation of the market.
“And Salesforce is helping us create an ecosystem that will encourage an entrepreneurial revolution in the coming decade.”