Once you enter the start-up ecosystem, you just get latched to it. Whether you are a start-up, an investor, run an incubator, or for that matter, track the industry – you are always hooked on. Call it an addiction – I don’t fall asleep till I quickly read the start-up updates of the day, and nothing cheers me up like a sweet acquisition story, or a large funding announcement.
The question is why one shouldn’t be addicted. The ecosystem is as dynamic as never before. Everything is in a state of flux – the investments, verticalization, M&A, company strategies, so on and so forth. An ecosystem, where B2C businesses experienced tough times has only grown its focus on B2B startups. If 2015 was the year of eCommerce, 2016 belongs to verticalized startups such as Fintech, Edutech, and Healthtech.
One thing that has remained consistent in the midst of several highs and lows, and that is the spirit of Indian entrepreneurs. They are relentless and ever rising – coming up with their own unique strategy to grow. Everybody wants to stay relevant and it is actually possible to do so. India is a huge economy, with diverse customer segments. There is scope for every business, as long as they can scale, and focus on profitability. It is undeniable that we are at an inflection point, and it is imperative that we chalk out an INDIA-specific growth story.
How the ecosystem is shaping up, and where it is leading to – are some of the questions we have been able to address in our 4-month rigorous study of the ‘Indian Tech Start-up Ecosystem’ to be released at NASSCOM Product Conclave 2016, Bangalore. Stay tuned for insights and key findings of the report!