India has an attractive long-term future and compares favorably with other emerging markets. Foreign investment and governmental initiatives such as startup India are all driving forces encouraging and promoting the startup culture in India. Driving innovation in India is an army of tech-enabled startups that are working to revolutionize various sectors like healthcare, education, financial services, travel and tourism, and logistics, among others. Thanks in part to the sudden burst of interest from industry giants, aspiring entrepreneurs, and international investors, the country has evolved into the third largest startup ecosystem in the world, home to over 10,500 startups by 2020, employing over 210,000 people. The driving forces of the country's growth including urbanization, a rising middle class, and increasing consumer spending are ripe for companies to seize upon. India is now a clear contender to become the capital of startups.
Apart from technology, we seek win-win partnerships between entrepreneurs and professionals with experience in multiple domains and geographies. Our approach revolves around leveraging our expertise and network to support the entrepreneurs they back to achieve success. The secret behind our success goes to the full-time team of professionals from premier institutes who are driven by a passion to innovate and have deep domain expertise ranging from mobility, cloud, consumer internet, IoT, digital health & cleantech.
Our decisions have shown stellar growth and have garnered accolades for transforming the startup landscape in the country with solutions that are aimed at solving locally relevant issues.
Our portfolio companies are high on ambition and frugal in their operations creating value for the customers, investors, teams, and society. We focus on rapidly growing businesses that have clearly defined competitive advantages. We embrace the unpredictable and exploratory terrains of the startup ecosystem; and thereby, divulge our resources in early stage businesses which have the potential to create disproportionate value.