As we’re well into a new year, we have summarized below macro themes that we expect will define the startup ecosystem in India for 2024
◾ Global & Indian Venture Funding
◾ The IPO Market
◾ Funding and Future of AI
◾ Boom of B2B Commerce
◾ Unicorns & Profitability
How founders articulate critical details on their startup shows how they interact with customers, their team, and external market players.
Be clear, concise and confident.
THE MISSING SLIDE ON MOST PITCH DECKS!
One of the easiest ways for an investor to pass on an opportunity is because the founder can't articulate the startup concisely and clearly.
Here's a slide to help improve clarity for investors: #pitchdeck#startupfunding#investor
🚀 Why now - What has changed in the market, technology, or human behavior to make now the right time to launch this startup.
✨ Why you - What is so special about you and your team that will allow you to win.
#pitchdecktips
5. Kolkata: With a solid industrial foundation, top-notch infrastructure, and a talented pool of professionals, the city is experiencing a notable rise in startup ventures in sectors such as manufacturing, healthcare, and IT#bangalorestartups #kolkata#startup#StartUpNation
5 startup hubs that are pacing to become the next Bangalore.
1. Hyderabad: Hyderabad stands as a frontrunner in the startup domain. Its well-established IT sector and supportive government initiatives provide a fertile ground for technology-driven ventures. #hyderabad
4. Chennai: It showcases outstanding infrastructure, and a proficient workforce. Witnessing a surge in startups across various domains including manufacturing, healthcare, and information technology, the city cements its position as a rising star. #chennai
Financial Realities: CRED faced financial struggles, but Shah likened them to the growth pains experienced by industry giants like Apple, emphasizing the importance of innovation.
Kunah Shah revealed that Cred is not in the race to become the next fintech super app. For Shah, the benchmark is the likes of Apple and Mercedes.
In a surprising move, Kunal Shah's brainchild, CRED, took a divergent path from its peers in 2023.#cred#founder#kunalshah
Rather than chasing the coveted title of the next fintech super app, CRED opted for a strategic approach that defied industry norms.
Among its innovations was CRED Garage, a vehicle management platform that quickly gained traction, despite financial challenges.
Here's celebrities proving they are beyond just their craft with these startup investments.
1. Upstox
Investor: Shikhar Dhawan
Description: Investment platform
Unicorn Status: Achieved in November 2021, valuation over USD 3 billion.
billion. 4. Cars 24 Investor: Mahendra Singh Dhoni Description: Deals in sale, purchase, and financing of pre-owned cars. Unicorn Status: November 2020, valuation over USD 1 billion.
Physics Wallah: Not just another Ed-Tech!
First, PW dashes into the unicorn club with its very first fundraise, giving it a valuation of $1.1 billion. Then there is the revenue jump in 3Y, from Rs.24.6Cr in FY21 to Rs.751Cr in FY23. #alakhpandey#physicswallah
After expanding its products in the 1980's and 90's, the business expanded its range geographically and earned US $2.4 Mn from exports in 2001 and recorded a turnover of INR 300 crores.
Today it has 45,000 'Lijjat Sisters' working and recorded a turnover of INR 1600 Cr in 2019.
FROM RS 80 TO RS 1,600 CRORES:LIJJAT PAPAD, A STORY YOU NEED TO KNOW
Today’s epic tale begins in 1959, in a small colony in Mumbai, where 7 Gujarati women decided they would put to use their most veritable skill – cooking. #lijjatpapad#startupindia
The women, although inexperienced in running a business, were clear about few things:
1. The goal would never be to make more money, it would always be to empower women and their families.
2. Women who were part of the venture, would not be considered ‘employees’, but family.