Do you want to be an entrepreneur? Would you like to work at a startup that is doing groundbreaking work? What makes entrepreneurship the next bastion to be conquered by India’s academic elite? Should you invest in India’s startup story? In fact, should you be bullish on India? Who is investing in the India story today? What kind of investors rule the roost internationally and where does India stand? If you’re curious about any of these questions, watch and listen as Pranav Pai, VC, Founder 3one4 Capital, Investor in companies like Pocket Aces (TVF) & Zoomcar among others, Stanford Alum, talks at the i5 Summit IIM Indore, about investing, the startup economy, India’s economic position in the world, and why one should invest in the India story.
Summary of the video:
In this video, Pranav talks about India’s economic position in the world and why it is profitable to invest in, work in or even launch a startup today. He takes us through India’s economic growth and the shares how India is ranked among the top 5 global economies today. He talks about the number of unicorns, decacorns and soonicorns that exist globally and in India today. He shares how India’s startup economy is a lucrative space to invest in, with plenty of positive growth.
He talks about the investment sector and the way the market is structured today in India and the world. He then takes us through the digital scenario in India today. Pranav talks of the 4 factors that have converged to put India on the global economic map. He talks of how international players are investing in India in order to tap into the huge market.
He talks about the various Indian startups that have made it big, and what India can learn from China about investing and economic growth. Finally he shares the government initiatives that lead to India’s economic growth and talks about demonetisation in a positive light. He also talks about the “India Stack,” the proprietary public technology that the Indian government has augmented, speaking of the uniqueness of it all.
If you want to know what makes India a startup destination and the area to invest in, this is a must watch for you.
Key Takeaways:
1. Increasingly India is becoming a global destination for the world’s top companies to come and invest.
2. Companies are investing in India to tap into the huge consumer base and to gain market share.
3. China has understood that there’s value in having an influence on the minds and spending habits of young people all over the world.
4. The only restriction on what we can do is the objectives we set ourselves.