Orios Venture Partners managing partner Anup Jain comments on the rise of capital for funds, and therefore for investments into startups in 2021 -- a trend that kicked off in an otherwise gloomy period of 2020, with the investments of billions of dollars in Jio Platforms.
“And that (Jio investments) turned the attention towards India's tech economy. Thereafter the public markets lising of several promising tech companies, the multiples, the oversubscriptions,the draft SEBI norms for dual listing of tech startups' overseas listing, many of the decacorns and unicorns, and the likes of PolicyBazaar or Zomato are looking at IPOs overseas. All of this is very promising for an investor,” Jain told TechCircle.
In the video, he also speaks about changing trends across sectors of technology businesses in the country -- the renewed focus on health-as-a-service from the private sector and its marriage with data analytics and insurance providers, micro-payments leading the rally of fintech. He also explains why social commerce is here to stay.