In a candid interview, Anand Lunia of India Quotient said that the theme for this year is SaaS, as venture capital is moving to safer sectors.
Investors' comments come at a time when venture capital and private equity funding to Indian startups is drying up amid a slowdown in global financial markets which has also hit valuations of many high-growth technology companies across the globe.
Watch special episode of Young Turks on CNBC-TV18 where Kunal Bahl, the Co-founder & CEO of Snapdeal, Dhanpal Jhaveri, President, TiE Mumbai, Anand Lunia, Founder of IndiaQuotient talks to Ratan Tata, Chairman Emeritus, Tata Sons about the world beyond the brick & mortar business of startups.
Ratan Tata in his personal capacity has invested in over a dozen new businesses so far, most of them being technology driven. Holachef had raised a first strategic round of funding (Series A) of Rs 20 crore in a round led by Kalaari Capital in June 2015.
As part of our Young Turks tradition we welcome the New Year with a panel discussion to spot the big ideas for 2014.