What are your predictions for 2024 Indian Startup ecosystem?

My first thought is that, inflation adjusted returns will soon become lucrative for investors as some amount of capital returns to VC Funds. Any other thoughts/differing PoVs?

This is just a prediction based on what I've been observing recently. Founder is publishing a lot of self ego boosting articles and aggressively hiring currently. This has been going on for quite some time and they recently did some layoffs too! These are some of the early signs when things start to go wrong. Not sure about their numbers. And even though Indians really love gold it's not an investment. It's a hedge. Let's see what happens in the next 12 months.

As we bid farewell to the challenges of the past, let's delve into why 2024 is poised to be a game-changer for the Indian Startups! 🚀 In 2020, the world weathered the storm of COVID, followed by unprecedented quantitative easing. We then saw that in 2021 the bull run came soaring. Investors, fueled by the appetite for riskier assets led to a funding boom for startups as salaries soared. Fast forward to 2022, and the music is about to stop. The realization that the Fed would hike rates to curb inflation means that funding is about to dry up as big money will be invested away into debt/T-Bills. Though demand remained robust, the stock market felt the impact as JPow raised the interest rates. Late 2022 and 2023 saw the tech landscape experiencing layoffs, and startups facing significant headwinds. It’s a wonder if anyone raised this year. But here's the twist—2024 looks brighter. The stock markets have rebounded to all-time highs, signaling that things may be on the rise. Despite geopolitical tensions in Ukraine and Iraq, the macro outlook for India shines bright. For Indian Startups? VC Funding is still here to stay. So keep your heads down and keep building. From what I am hearing, it is set to make a roaring comeback. There is now significant rationality in the funding ecosystem leading to realistic valuations. However, this revival will come with a plot twist. Newer companies, fueled by fresh funding, are set to rise, while most of the lofty valuations of those who raised in 2021 are about to crash and burn. So buckle up folks. Let’s see where it takes us. What do you think? 🤔

What problems would Indian and Global startups be solving in the next decade, or they would be just throwing random yearly new buzz words and as usual VCs would be having orgasms on these buzz words. I mean real problems.

Hi Grapevine, I'm [Sajith](https://www.linkedin.com/in/sajithpai/), Partner at [Blume Ventures](https://blume.vc/), where I oversee consumer and India B2B investments. I am a long-time media executive turned VC. After a two-decade-long stint in Media & Entertainment, much of it in The Times of India Group, across Strategy & Corp Dev roles, I moved to Blume Ventures in 2018. Outside of work, I like to read, think about, and write on tech, business, culture, and their intersections. I'd love to chat with you folks about my journey from media to VC, my thoughts on startups & venture investing, PMF, amongst other things. Ask me anything. I'll be back at 7 PM to begin answering! :)

Specifically for people in tech startups/tech ecosystem, what makes you hopeful about the coming year? What are you looking forward to?

What are your predictions for 2023?

Let's ignore what's wrong with startups, keep this an optimistic thread. Which startups make you excited about their future? The ones that have cracked product, GTM, model, or something else. Name the best Indian startups :)

Considering Edtech, Fintech, E-commerce is done