Amplitude

Delighted on hearing of the advent of a new #Secondary #Secondaries fund by Norbert Fernandes and other veterans from the #VC #VentureCapital ecosystem. The growth of the secondaries ecosystem greatly encourages capital formation through #LPs at the primary level - as it provides a distinct, robust and plausible exit avenue for promising companies that have elongated paths to #IPO #MergersandAcquisitions. Which in turn augurs well for funds like us as we march towards a first close on Q1 of 2025! https://lnkd.in/gRzTaeVr

While #traveltech is often synonymized with consumers, an oft-ignored but significantly large chunk of the market caters to #B2B. This market, in addition to being ripe for innovation (and adopting innovation) has attractive economics (especially #LTV/$CAC) OYO is a company we follow closely for it’s innovation DNA and (apparent) ability to grow with a good balance of organic and inorganic strategies. Their foray into the corporate travel space, alongside it’s impressive acquisition of brands @Motel6 and @Studio6 was intriguing on quite a few fronts, least of which is the strong interplay between traveltech and #hospitality. Keen to hear your thoughts…. https://lnkd.in/d-Yzn4H2

Inc42 Media recently published a wonderful collection, a mini compendium of sorts, of FnB brands growing at a nice clip in India. And yes, they are all funded by VCs, Angels and a combination thereof. Good validation of our belief that this sector will continue to charm investors across the spectrum. And entrepreneurs in #startupindia should be enthused about building and scaling brands in India! Few notable points Geography14 Mumbai, 10 Bengaluru, 5 Delhi, 2 Pune, rest distributed across India A decent sprinkling of family offices (with core business not in Food) – good testament to the notion that "better returns than my business, even if not strategic” is growing in #InvestIndia An interesting tidbit: 5 search results for “Chocolates” and “tea”, 5 for “Protein”, 4 for “Millets” and “Coffee”, and scattered across others.  Sign of the times! #VC #VentureCapital #Angelinvsting #Angel https://lnkd.in/gavDq7Ps

Wonderful event organized by startupXchange Leenesh Singh and team in Bangalore yesterday elucidating recent developments in #familyoffice investment preferences. Nice to know about positive shifts in #assetallocation towards #VC #VentureCapital and #PrivateEquity as understanding of early stage technology #startups as an asset class continues to evolve in a positive way!

Amplitude will be at #startup #VC #familyoffice investment summit organized by startupXchange. Looking forward to meeting investors, partners, startups and more as we embark on this wonderful journey!!

Another validation in the FnB space as SKFS group acquires Mirah Hospitality for 80 CR for it's premium brands including Bayroute Hitchki and Rajdhani. More notable observations from the deal: -- M&A between players with clear intent to realize synergies and grow inorganically -- India's food services market is (literally and figuratively) at a mouth-watering 5.69 lakh crores! And, growing at a rapid clip at that... -- Plenty other activity with Tiger-backed Chaayos embarking on its own acquisition path #Startupindia #FnB #VC #VentureCapital https://lnkd.in/dYmNZgj5

With the dust settling on the US Presidential election, the Amplitude team took at a stab at the new and evolving macroeconomic scenario and why it could actually benefit #startups in our ambit of interest. Domestic consumption is a function of a) Number of people that live domestically and b) Their discretionary spending power. Of course, factored in for the propensity to spend and the general FnB and travel Zeitgest. With less people migrating to the US on account of looming immigration issues, we foresee a greater number of high pay opportunities in white collar positions getting created locally. Leading to greater spending power on FnB brands and for personalized and exotic travel in India. We also see a continuation of the sizzling wealth-creation activity in the country on account of the shifting politics that puts India smack-dab  in the center of world trade. Which would further amplify the wealth effect and lead to further demand for fine dining, immersive travel and other sectors that we are positioning ourselves to scale. #FnB #Traveltech #VC #VentureCapital #StartupIndia #Entrepreneurship

Next-gen travel, quite literally for next-gen millennials and travellers, is now turning out to be an innovation hotspot that melds #AI, #Chatbots, Personalisation, Immersive travel experiences, deep cultural contexts, loyalty and rewards programs, and deep customizations all into a wonderful holistic continuum. We are working with Immershivaa and other interesting travel startups to give a delightful #DiscoverIndia experience to the broader diaspora across the globe that wish to experience the splendour of tourist destinations across the country. Immershiva has an alluring offering that takes one deep into the Ramayana story... https://lnkd.in/dHygg_Rb

At Amplitude, we are delighted with the Swiggy #IPO. For one, it validates, in a somewhat tangential (though important) way the power of the Indian consumer in shaping how newer technologies emerge to address their varied consumption needs. In some ways, the growth of Swiggy and competitors like Zomato and Zepto serves as a wonderful proxy for the growth of the India #FnB consumption story. Second, and this is largely arithmetical, it creates handsome returns for #VCs #AngelInvestors and other participants in the funding ecosystem. As VC and #PE #IRR get pushed up, strong returns accrue to #LPs - which in turn reinforces the belief in #startupIndia and its ability to yield handsome multiples - a dynamic that impels further creation of capital in the country. If one is at the intersection of FnB and Venture Capital, it is truly delightful 😊

This can be safely described as a "coming of age" moment for #traveltech #startups in India. We see the growth in this sector as a classical #macroeconomic effect - as travel becomes more stylish, personalized, tech-enabled and simply, delightful. Hitherto far-flung destinations now become seamlessly accessible, thereby delivering joyous India travel moments. #StartupIndia #VentureCapital #VC https://lnkd.in/dmgaNkTG