The most fascinating times in history have been filled with tumult and upheaval. The participants who were living through these momentous changes were probably experiencing trepidation and pain – till the impact of those changes settled in to bring about astonishing growth. And the cycle continued to repeat itself.
We live in not just interesting but very exciting times. And the ‘curse’ of excitement keeps the inveterate explorers awake and searching for opportunities. In change and slow down they seek the origin of the next wave.
The rapid changes in world – and closer home in Indian polity and economics – have been impactful and far reaching. Our industry has seen the changes in financial liquidity, and on the quantum of deal flow.
The ultimate measure of a man is not where he stands in moments of comfort and convenience, but where he stands at times of challenge and controversy (Martin Luther King, Jr.). And those who stood firm in these challenging times will now get the benefits of the tide turning – Rs 7,000 crores back in the VCs balance sheets, large funds like SoftBank making a massive investment in the Indian companies, hunger for investment in the Indian ecosystem increasing. With B2B companies being sought after by marquee investors, YourNest is extremely well placed to benefit from such interest. Furthermore, the number of deals for series B and C funding has gained momentum, and as a natural corollary, the portents are strong for the immediate energising of the Series A space.
The first green shoots, of a good economic season for startups, have emerged. And your company is ready to capitalise. I hope you will enjoy reading the report which highlights the excitement we feel, as the tide changes.
In the words of Ralph Waldo Emerson – What lies behind us and what lies ahead of us are tiny matters to what lies within us. And within us lies the firm belief of a very exciting future.
Sunil K Goyal