By Salil Musale, Executive Director of Astarc Group
Astrac Ventures was launched by Astrac Group with an aim to partner with entrepreneurs with disruptive business ideas, which have a global vision and are scalable.
Funding Trends Currently in the Market:
Firstly, we are not very much trend followers, in terms of funding the startups in already hot areas like e-Commerce or taxi start-ups.
Rather we would like to focus on the trends in the business models. One clear trend we see is in the preference for asset light business models - e.g. digital commerce, market place models and more.
There are some areas for example, - another hot space currently by the way - in a food tech start-p, to control the quality the start-up might invest in kitchen and here it might be a good idea to go slightly asset heavy as long as there is a capital efficient way to scale the business.
Technology with Huge Traction:
We are already seeing mobile as the medium of choice for users in India for accessing products and services - and this has overtaken the web in few categories already and the trend is going to continue. We definitely are huge believers in mobile first/mobile only businesses.
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