Amit Mookim of TIE Mumbai on startup trends in 2022
Research shows that Indian startups will create $400 billion in market cap over the next 36 months.
Amit Mookim, serves as the President of TIE Mumbai and as part of a global network the organisation has been able to helps startups work with Corporate and Government. On this podcast he discusses what next in the world of entrepreneurship:
2021 was a great year for Indian startups, it sets in motion what the next two years would look like, your thoughts as TIE Mumbai President?
Over the last 12 months we have seen Indian startups raise so much money through IPOs.
It's a landmark shift and an inflection point for startups in the country. The ecosystem of VCs and PEs has also improved and matured. Over next year you will see SPAC, or special purpose acquisition company, deals or even global listings.
There are three or four things that TIE as a global organisation is doing. Our network helps startups understand how to manage cash flows, understand how they have to work with investors and pivot when needed. There are sectors like fintech and health tech that we supported in 2021. Also corporations came to us to work with startups and we facilitated that. Today governments also want to work with startups.
(Do watch the entire podcast for more information on the trends)