The companies that come out on top will not be any specific type of organization but brands that are able to create a one-on-one relationship with customers (much like the direct-to-consumer brands of today), accurately personalize their needs using data and appropriately predict their needs.
The consumerisation of fintech is opening up possibilities for brands to launch financial products and services for millions of people that have not had a fair chance at access. This clip talks about the challenges facing "fintech" startups and where consumer tech companies like Droom are filling the gaps using data and a customer-centric approach to the opportunities.
People spend on education because of employability. Employability leads to a better livelihood, a better quality of life. You don’t get to that kind of prosperity via MOOCS; you get there via cracking massively competitive exams. The world of exam prep has stayed largely offline, and it presents a very interesting opportunity. Technology coupled with data science can have a very meaningful impact on those exams.Read More
Food is the only consumer product, where small, local brands have power. We don’t say “the guy at the end of the street makes the best computers". But we routinely say “that Mexican hole-in-the-wall place makes the best tacos ever”. Food is the most differentiated, most personal, most emotional of everything out there (barring your life partner).Read More
The online used automobile space in India has raised over $300MM in the past few years - not including all the money Quikr or OLX has spent in the space. That’s a lot of capital. The assumption is that all that money is solving the same problem. In reality in any one vertical, a different problem is being solved. And that’s the case in the used automobile vertical.Read More
At Lightbox we’ve always tried to use tech to build interesting businesses. Companies that understand what Indian consumers want as well as they understand their household budgets. We ran our annual day at a modern art gallery in Colaba, with our CEOs as well as a few founders from our network to lead the discussion.Read More
Indian consumers have repeatedly demonstrated their comfort with new technology. And that's starting to show at scale in the 120 emerging metros where demand for new and better products and services outpaces supply. Even at the foothills of the Himalayas, people are ready for life online – and open to a new way of doing things.Read More