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In the latest dispatch of Mint Startup Diaries, we speak with Mohit Bhatnagar, Managing Director, Sequoia Capital India, and Radhika Sridharan - Partner - Bain & Company, who has recently co-authored a report "unlocking the future of commerce in India". According to the experts, e-commerce—powered by cheap data, supply-side innovations and digitally savvy customers—has become a $30 billion industry in India in fiscal year 2020. More than 100 million of India’s estimated 572 million Internet users purchase products online. And the next frontier is social, they posit. Listen to the full episode to know more.
In the latest dispatch of Mint Startup Diaries, we speak with Mohit Bhatnagar, Managing Director, Sequoia Capital India, and Radhika Sridharan - Partner - Bain & Company, who has recently co-authored a report "unlocking the future of commerce in India". According to the experts, e-commerce—powered by cheap data, supply-side innovations and digitally savvy customers—has become a $30 billion industry in India in fiscal year 2020. More than 100 million of India’s estimated 572 million Internet users purchase products online. And the next frontier is social, they posit. Listen to the full episode to know more.
The COVID-19 pandemic has utterly decimated a number of industries over the past several months, but the gaming industry continues to benefit as people continue to be stuck at home. The pandemic is contributing to the normalisation and adoption of e-gaming and gaming companies are increasingly seeing a surge in their user base. There are various favourable macro factors at play too: young tech-savvy population (with 75% aged under 45), increased internet penetration, improved affordability of high-spec smartphones, and rising disposable income. According to experts, the digital gaming business model has also transitioned from a model dependent on download volumes and advertisements to something with diversified revenue streams built on consumer engagement and elevated experience levels. In the latest dispatch of startup diaries, we get to know how the pandemic is turbocharging the future of gaming in India.
The COVID-19 pandemic has utterly decimated a number of industries over the past several months, but the gaming industry continues to benefit as people continue to be stuck at home. The pandemic is contributing to the normalisation and adoption of e-gaming and gaming companies are increasingly seeing a surge in their user base. There are various favourable macro factors at play too: young tech-savvy population (with 75% aged under 45), increased internet penetration, improved affordability of high-spec smartphones, and rising disposable income. According to experts, the digital gaming business model has also transitioned from a model dependent on download volumes and advertisements to something with diversified revenue streams built on consumer engagement and elevated experience levels. In the latest dispatch of startup diaries, we get to know how the pandemic is turbocharging the future of gaming in India.
The backbone of the Indian Economy, the Agricultural sector, a sector which has not necessarily got so much investors love in the past, seems to be catching up fast due to its unprecedented growth amid the COVID-19 crisis. Innovative Indian Agri-tech start-ups are joining the game and providing balance to the agricultural ecosystem by maximizing productivity, increasing supply chain efficiency and, and improving market linkage. Initiatives like ‘Atma Nirbhar Bharat’, digital access to farmers, overarching reforms, and government support has empowered the farmer by giving him access to information, inputs, and financial support. Estimates for June quarter reported a contraction of 23.9 per cent in national GDP, but agriculture was the only sector to have reported positive growth. In this dispatch of Mint startup diaries, we do a deep decode on opportunities, challenges and new frontiers emerging in the Agri space. Listen to this episode for more.
In the latest dispatch of Mint Startup Diaries, we speak with Dev Khare, Partner, Lightspeed Venture Partners to decode the impact of Covid-19 on startups. According to Khare, it's almost been akin to ' a tale of two cities' where some startups have thrived, even accelerated, while others now face secular declines, . But overall, the net effect has been to accelerate the disruptive role of technology across industries.
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