Many would tell you, brick-and-mortar establishments are not just on shaky ground, they’re on a precipice of complete oblivion, and that we’re moving wholly towards a digital, on-demand retail future.
The reality is far from this. There is still a place for—and an absolute need for—retail services that help consumers live their daily lives. On the contrary to this death-knell, several essential service/product-based segments are on an expansion spree.
Originally published by Kamini Shivalkar on medium
Recently, we’ve seen a lot of action in SaaS. In the first half of 2019, Slack and Zoom were high profile tech IPOs. Icertis became 4th SaaS company from India valued at $1B+ (the first three being Zoho, Freshworks, and Druva). It is an exciting time to build a SaaS startup in India. At Gemba Capital, SaaS is one of our focus areas. We believe SaaS startups ‘made in India’ can win in global markets.