10 magic metrics indicating a consumer tech startup probably has product/market fit:
This is one of the best lists I have found on the internet. And no surprise, its from Andrew Chen.
"Of course, hitting these metrics is hard. Very hard. But it’s
IndiaQuotient's Request for startups in 2025.
Includes:
- Consumer Internet
- Internet 3.0
- Brands
- Fintech
- India software( + Hardware? )
- Agri and rural.
Great read.
As of early 2024, India had 751.5 million internet users, which is 52.4% of the country's population and ranks India second in the world for active internet users.
India leads as the largest user base for major tech platforms like Facebook, Instagram, WhatsApp, and YouTube, solidifying its position as the world's biggest consumer internet market. 🤯
India will reach 900+ million internet users by 2025, with 56% from rural areas and 65% of new users being female, driven by affordable data and growing smartphone adoption.