With over 35 speakers, including 30 unicorns and soonicorns, across 25 sessions and 10 diverse tracks, the Delhi-NCR edition of ET Soonicorns Summit 2023 paved the way for the next wave of India s innovation economy. The event also featured a report launch and multiple startup showcases, making it a holistic platform for tracking new frontiers of growth in the startup-tech ecosystem.
Unicorn founders delved into their playbooks to unravel insights into how they navigated the ups and downs of their startup journey, while investors and industry leaders provided a blueprint for profitability at the Delhi-NCR leg of the ET Soonicorns Summit 2023. This comes at a crucial time as the Indian startup-tech ecosystem undergoes a significant shift, charting its course towards resilience. Here are some key learnings from the past years that signify the spirit of the great reset and promising results.
The ET Soonicorns Summit 2023, an Economic Times initiative, to track the evolving frontiers of growth in the startup-tech sector will bring together key stakeholders and decision makers from within Indian tech-startup ecosystem to foster conversations, connections, and collaborations that can equip entrepreneurs, including those from Bharat, to navigate the ever-evolving tough market conditions and grow to build sustainable, scalable businesses of the future.
The digital lending sector in India is experiencing an inflection point after years of challenges. Industry-level NPAs are decreasing, credit demand is increasing, and investors are showing interest in the sector again. Fintechs have dominated the unsecured lending space, with the market share of fintech lenders in the personal loans sector increasing from 13% in 2018 to 47% in 2023.
Sources said that Peak XV, represented by Chief Public Policy Officer Shweta Rajpal Kohli, has voiced its concerns at a meeting of the tech lobby group where the resolutions were adopted