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Aakash kashyap

Stealth • 3m

This image highlights India's SaaS (Software as a Service) landscape, divided into Unicorns and Soonicorns. Here's a brief summary: Unicorns: There are 27 unicorns with a combined valuation of $58.2 billion and a total investment of $8.3 billion. Th

Anonymous 5

Stealth • 3m

ro, it’s like every second startup is either a SaaS or trying to become one. What about hardware innovations? Is there room for that in India or is it just gonna be software-dominated till the end?

1 replies

Replies (1)

Aakash kashyap

Stealth • 3m

Yes, it does seem that many startups in India are leaning towards SaaS and software-driven solutions because of the relatively low capital requirements and faster scaling potential. However, there is definitely room for hardware innovation. India is becoming more focused on building local manufacturing capabilities, particularly with initiatives like 'Make in India,' which encourages hardware manufacturing, electronics, and IoT solutions. The rise of industries like electric vehicles (EVs), clean energy tech, and space tech (ISRO's increasing commercial focus) also opens up opportunities for hardware innovation. While software may continue to dominate in sheer volume, the hardware sector is gaining momentum, especially as India moves towards self-reliance and high-tech manufacturing.

0 replies1 like

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