DizzyNarwhal

What are your predictions for 2024 Indian Startup ecosystem?

While there are lot of VCs coming out with their ‘expert’ outlook on 2024, let’s be real to share our own predictions. Idea is to share and learn and not just mudsling.

Let me go first with few of my own

Neobanking will go belly up - it’s really hard to make money in just Savings account led neobanking I believe. With lending increasingly difficult, I think we will see likes of Jupiter going belly up
Gold mine of climate tech - climate tech will become more mainstream stream (similar to content and community in 2021, D2C in 2022 and SaaS in 2023)

What are yours?

11mo ago

Find out if you are being paid fairly.Download Grapevine

BouncyMarshmallow

Stealth11mo

More companies will shutdown

Unacademy 2)Fi
Jupiter Money .... ....

More IPOs

First Cry
Swiggy

SillyMochi

Stealth11mo

Tell me more about Jupiter

WigglyPotato

Zepto11mo

Jupiter just purchased bigger office near HSR but jitendra is smart enough to stay strong in the business

DizzyNarwhal

TCS11mo

Grapevine will get acquired 🙌🏻

CosmicDumpling

Stealth11mo

Aapke muh main ghee shakkar

SnoozyPotato

Stealth11mo

And ppl will leave this platform and LinkedIn junta will take over this place

SwirlyWaffle

Stealth11mo

Consumer-tech will be hot once again. Many AI-focused startup’s will pop up in this space. Larger players (like Meta, Amazon, AirBnB, Netflix) will go on an M&A spree acquiring companies for their tech. Not sure if this will play out in India.

In India, any consumer/D2C idea will still remain hot as VCs realise that safest way to make money in India is from consumer. However, platform companies which are capex heavy like q-commerce will not be hot.

Fintech (regulations) and ed-tech ( hard to keep selling dreams of cracking competitive exams) will slow down.

Building SaaS in India and selling to the US will get decimated.

Lots of PE activity that will lead to traditional family businesses/manufacturing firms modernising (maybe not 2024 but next 5 years).

Smaller VCs will pop up who will bet on founders with unconventional backgrounds (non-IIT/IIM) and moonshot ideas such as climate tech.

Biggest hit will be taken by your traditional early-stage VC firms who were thesis driven and were backing non-risky traditional founders. You can already see this playing out. These VCs nowadays only fund founders with 5+ years of industry experience which shows a lack of risk appetite.

JumpyHamster

Stealth11mo

Stagnation of hiring. AI tools adoption at org level.

Dollars raised by startups will either go to the mega cloud provider, for ads and LLM model.

SquishyBanana

Freelancer11mo

More closures…

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Curated from across

Indian Startups12mo

How will this impact Indian Startups/Jobs in 2024?

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?

Indian Startups8mo

Best sector to start a business in India in 2024?

Let the commenting begin!

Indian Startups15mo

Prediction - The next startup to fall will be Jar

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 lay...

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