DeFi as a concept is still evolving considerably. We are certain that we will see all centralized product offerings will be changed for the better. Interest & usage have grown exponentially and the industry is at an inflection point looking to cross into mainstream adoption.
📍2015: $1.2 billion raised by Indian #FinTech companies
🚀2021 (till August): $4.6 billion raised by Indian FinTech companies
During this relatively short period, we’ve seen 3 distinct phases of FinTech emerge as it starts to expand into the mainstream.
✨FinTech 3.0 | #DeFi
There's still a long way to go before DeFi becomes part of the institutional financial market infrastructure, however, India stands at the forefront in terms of market potential, #talent, and #innovation.
But, it should be noted that tokenization is not the answer for every business - some projects might be better suited to traditional equity and that’s all good.
2021 has been a breakout year for the #blockchain ecosystem, both in adoption and the emergence of highly innovative solutions and “tokenomics” has caught the attention of investors and ecosystem evangelists.
In this thread, we are breaking down #tokenomics for the uninitiated.
Tokenomics just help to create a more efficient system to create and capture this intrinsic value.
We believe tokens are better than traditional equity and - unless regulation gets in the way - will become a preferred funding model in the future.
Have been fortunate enough to witness the 0-1 growth of one of my fav portfolio company @coutloot
Congratulations to the entire team!
🍻 to always growing together! Sky is the limit for you @jugaaduu 🔥
https://t.co/vmOV6JUA5X
ODE Nation | Day 2
Meet the final panel for today.
Going live at 4:30 PM IST!
Joining us are: @MelissaFrakman from @EMVC, @FoodieRawal from @smallcaseHQ and @AaleshAvlani from @SamyakthC 🔥
Register to join: https://t.co/FIyrGRWV8y
Watch live: https://t.co/JAXnlkgIsQ
#odedev
Congratulations to our portfolio company @OtoCapital, a two-wheeler buying and financing startup, for raising $6 million in Series A funding.
We hope this funding ‘accelerates’ the growth of the business and takes it places! 🛵
#Funding#Startup#India#Finance#VentureCapital
2021 is a RECORD year!
Indian start-ups have raised over $20 Billion in just 576 deals, surpassing the $13 billion mark from 878 deals in 2019.
Moreover, the average deal size more than doubled to $35 million this year, indicating the willingness of investors to take more risks.