In a rapidly evolving economy, both startups and tech giants stand to benefit from harnessing the entrepreneurial and innovative spirit that start-ups bring to the table
RAJEEV CHANDRASEKHAR
The fear of a funding winter has set in among the country's start-ups. How do you view this development?
My experience has taught me that there will be cycles and volatility in investment and investors. Periods of confidence are followed by hubris and then corrections. This is almost a predictable cycle which I have seen many times. But through it all, ventures that have good ideas, execution and integrity endure and succeed. Talent is a magnet for investors, and it is innovation and winning good products and services that will always find capital.
It is certainly true that we are living in a challenging global scenario. Global trends, hyperinflation, sluggish growth and events, such as the Ukraine-Russia conflict and ongoing developments in the Middle East, are certainly increasing risk aversion and reciprocally slowing risk capital flows globally. However, India continues to stand strong as the world's fastest growing economy, a testament to our resilience. I am very confident that our start-ups and innovation ecosystem will navigate through these challenges.
Instead of being just a global back office of IT-enabled services, India has recently ventured into niche areas like semiconductor design and commercial space services. Where is India's innovation ecosystem headed?
هذه القصة مأخوذة من طبعة November 2023 من Outlook Business.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة November 2023 من Outlook Business.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
'Automation is Redefining Efficiency and Precision in Jewellery Manufacturing'
Increasing brand consciousness and awareness among consumers is helping expand the organised jewellery retail industry. MP Ahammed, chairman of Malabar Group, discusses prominent trends in the jewellery industry
BATTLE TO WIN THE AI RACE
In Supremacy, Parmy Olson tells the astonishing and behind-the-scenes story of the battle between the world’s two leading artificial intelligence firms, OpenAl and DeepMind and the continuing rivalry of its founders Sam Altman and Demis Hassabis respectively
A LEADER WHO EMPOWERS
Anshul Arzare, MD and CEO of YES SECURITIES, wants to ensure a workplace where employees not only contribute to the company's vision but also feel content
EV Unplugged
Electric vehicles are crucial to India’s climate change plan. But reliance on China for imports and technology constraints remain hurdles the sector needs to overcome
Every Lamborghini Owner is a Brand Ambassador
Regional director of Automobili Lamborghini, Francesco Scardaoni, talks to Prachi Khanna about the brand’s approach to fostering a sense of community among its vehicle owners. Edited excerpts
NO ZEST FOR ZED
A government initiative to green MSMEs is not finding enough takers
SMALL PLANTS, BIG TROUBLE
Climate-triggered stress is placing an unprecedented burden on small businesses. But a lack of access to climate aid hinders the sector's ability to adopt greener methods
'We Think About the Rider More Than Any Other Company
Rapido co-founder Aravind Sanka talks to Neeraj Thakur and Deepsekhar Choudhury about how flexibility and fair pay helped his company disrupt the Ola-Uber duopoly. Edited excerpts
LABOUR PANGS
Rising cost of living in a fast-growing economy is making workers restless
'Hustle is No Virtue'
It has become fashionable to talk about the verb “hustle” these days, especially in professional settings.
