The Rise of India’s Emerging Companies
Fortune India’s Next 500 event brought together companies which have shown growth in difficult times.
Fortune India’s Next 500 event brought together companies which have shown growth in difficult times.
Big investments bagged by makers of short video apps Josh and Moj helped sectoral funding, driving a considerable proportion of the investments during the quarter.
Disruption creates the space for providing new solutions, where fast-moving start-ups can gain ground compared to the structure-heavy MNCs, experts say.
“Focus will probably shift to larger rounds in quality assets as dealmaking returns to a more measured pace. A few new sectors will probably see emergent growth,” analysts at Bain & Company said.
Early stage individual investors are cutting cheques beyond seed funding and moving onto late-stage deals.
Centre to promote thematic funds with blended finance for sunrise sectors with its share limited to 20%; these funds will be managed by private fund managers.
India houses the third largest startup ecosystem in the world that created about 6.6 lakh direct jobs and 34.1 lakh indirect jobs between 2011-2021.
Fintech leads the sectoral pack with the potential to add 15 unicorns. Logistics and agritech are jointly expected to create 13 unicorns in the coming months.