macro trends that are shaping india
TRANSCRIPT
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Macro Trends that are shaping India
ThiyagaRajan M
@mtrajan
Agenda
• Macro Trends in India1. India Stack – Digital Public Goods2. Mobile First Only3. Consumerization of SMB 4. Global Saas & SMB5. Industries under Disruption (FinTech & Others)6. Indian Startup Ecosystem Fastest Growing
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Fastest to a billion (after Skype, WeChat, Facebook)
One Billion 2 factor based Digital Identity
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Like a DocuSign API by the Govt
eSign API – Digital Authorization, Legalized & Open API Rollout
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IMPS transactions > Post Office transactions
UPI - Stripe like Payment API
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GSTn(Goods and Service Tax network) - 6.5 million small business will upload their invoice data online and get real time input credit
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Digital Identity, Authorization, Payment and Taxation create disruption and unlock massive digital economy potential
First Issue
2011 2012 2013 2014 2015 2016 2017
1 billion Aadhaar
2010
Txn Tearoff
API API
PRESENCE-LESS LAYER
Aadhaar Authentication
Unique digital biometric identity with open access of nearly a
Billion users
CONSENT LAYER Open Personal Data Store
Provides a modern privacy data sharing framework
PAPERLESS LAYER Aadhaar e-KYC,E-sign, Digital Locker
Rapidly growing base of paperless systems with
billions of artifacts
CASHLESS LAYER IMPS, AEPS, APB, and UPI
Game changing electronic payment systems and transition
to cashless economy
Friction-free
commerce
Credit PaymentsSavings in
MFsHealthcare
SkillsEducatio
n
I N D
I A
S
T A
C K
Land records
Presence-less, paperless, cashless Service Delivery for a Billion people!
Creation of “India Stack” – Digital Public Goods#1
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500 million smartphones with mobile internet by 2020India is a mobile first country
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#2
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Flipkart & other network effect platform driving SMB software adoption
Consumerization of the Small Business and Enterprise
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shaping #3
SaaS creating Global whitespace & flattening world for Indian entrepreneurs
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$0.6 trillion opportunity
#4
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In Telecom, FinTech & Retail markets and few moreIndustries are undergoing disruption
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#5
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In FinTech for instance Unbundling of Bank
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KYC, Payments & Loans – bank core competency erodingMobile wallets > SBI accounts
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6 Years Later on PlayStoreAs recent as 2010
Customer Service is now Self-Service
Even Distribution & Customer Service have taken new Avatars
Indian Startups - 3rd Largest Startup Ecosystem in the world Fastest Growing
15^As of 1st April 2015
12,340 startups ^. 270% growth – 6 years.
Angel/seed investment at $50 million
VC Investment increased 7X in last 6 years. Total funding in 10 yrs > $50 billion
3X increase last year
5 Unicorn
#6
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Opportunities that this creates ?
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For anyone from India
Consumer Small Business Enterprise
India Exploded Inflection around the corner Just germinating
Global Cultural Context a barrier to leverage Exploding Accessible and
addressed
CREDIT
Data about Indian ecosystem and few key insights are credit of iSPIRT.in – Indian Software Product Industry Think Tank
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THANK YOU
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