Siliconindia Magazine

Indian VC Outlook Strong & Optimistic For 2021

2 020 will remain one of the most talked-about and extraordinary year for the world and India alike. As the global pandemic knocked on our doors in March 2020, nobody knew how or when this guest would bid us adieu. While we are still reeling with the aftermath of the pandemic (with Covid cases rising significantly lately, we could be heading towards the second wave), one thing has been observed, ie: the resilience of the Indian economy. While the GDP was slated to fall by eight percent in 2020, forecasts by the International Monetary Fund (IMF) expect a strong rebound in 2021. Owing to the Covid 19 induced lockdown, there was also a rapid adoption of digital trends across all sectors which in turn affected VC activity positively. Bain & Company's recently released `India Venture...