A report from 100X.VC, a domestic venture fund that invests in early-stage startups, says layoffs at some large companies will allow well-funded startups access to a new pool of top talent. became.
Sanjay Mehta, Founder and Partner of 100X.VC said:
Investors who can apply quality filters when investing in 2023 will be able to see their portfolios shining with extraordinary returns by 2030, he added.
Early-stage startup funding momentum in India continues in accelerated mode.
According to the report, the enterprise software market is highly competitive, but new companies may enter the market and compete with established players.
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“They can offer innovative and differentiated products and services in logistics, analytics, expense management, collaboration, RPA, API platforms, and more,” says the report. Quick Service Restaurant (QSR) business is growing fast in India and most of the sectors targeted for investment.
The segment will see significant growth with better investment flows, the report said.
India’s e-commerce industry is expected to reach $200 billion by 2026 due to internet penetration and smartphone adoption.
“The opportunity for D2C brands to reach and sell directly to consumers online is a significant opportunity. In 2023, many digital-first direct-to-consumer (D2C) startups will compete with well-known brands. ‘, the survey results show.
The electric vehicle (EV) market for startups is expanding. Startups are working on a variety of technologies, including advanced battery technology, charging infrastructure, EV components, and autonomous driving technology.
The Indian EV market is expected to create 10 million direct jobs and 50 million indirect jobs in the sector by 2030.
According to the report, India’s digital health industry is expanding due to the adoption of digital technologies in the healthcare sector.
Future trends include the growth of telemedicine, the implementation of artificial intelligence and machine learning, personalized medicine, the proliferation of wearable and remote monitoring devices, the integration of digital health technologies into traditional health systems, and the role of government. will be
100X.VC is India’s first venture fund to invest in early stage startups using iSAFE (India Simple Agreement for Future Equity) notes.
