These industries still hold promise for startups in India in 2023

As the Indian startups ecosystem goes through a churning as VCs squeeze funds, certain industries such as quick service restaurants (QSR), direct-to-consumer (D2C) and electric vehicle market and infrastructure still hold promise this year, especially for early-stage platforms.

Startups created in 2023 are going to be more cash-conservative attitude and hence will be revenue and growth-focused.