Still, there has been no let-up in entrepreneurs wanting to start a business.In fact, more than 42% of the respondents said the current environment was highly conducive to build a company in India. The survey revealed that consumer internet, food delivery and financial services would remain the most hotly contested categories. Respondents also said the sector would see consolidation next year.On the world’s largest tech investor, SoftBank, 35% said its impact had been mixed, even as 26% considered it had made a positive rub-off on private markets in the country. A few also highlighted that mergers and acquisitions would primarily be investor-led.“We have just been through one of the longest expansion cycles in our history, and currently all economic indicators do point to a slowdown of growth. Kirani is both an investor and board member in Freshworks.

Source: Economic Times December 29, 2019 21:33 UTC