Sanjeev Bikhchandani, cofounder, Info Edge
“The startup funding environment has changed in the last year… While investors do have money they are being a lot more discerning than before. They are also taking their time before investing. And they are applying the filters of good unit economics, sustainability and path to profit a lot more rigorously than a year before. In such an environment I would expect startups to align to these three criteria if they are not already profitable. I would look at things like natural traction and scalability, path to profitability and financial stability, as well as the ability to raise a follow-on funding round, if needed. For nominees, it is also important they show innovation while they have clarity of thought and are focussed on it.”
Arundhati Bhattacharya, CEO, Salesforce India
ETtechIndia is the third-largest startup ecosystem in the world, contributing to the growth of the economy in several ways. The shift in the landscape of incubation and innovation and the mindset of innovators has been crucial in driving growth. I am excited to be a part of the jury at the ET Startup Awards and I look forward to innovations that are contextual and relevant, keeping in mind the dynamic Indian customer and ever-evolving market. What is of special interest are those Startups that address complex socio-economic challenges across multiple sectors.
Discover the stories of your interest
For all the latest Technology News Click Here
