In the future – Local economy will dominate

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LiveMINT July 24, 2020

Serial entrepreneur and venture capitalist Vani Kola, managing director, Kalaari Capital, in Bengaluru observed that the COVID-19 pandemic has actually put forth an opportunity for Indian startups to start focusing on the local economy. “Local will dominate on every level. And the next few decades of growth will move more towards the local economy, which will provide opportunity for entrepreneurs,” she pointed out. She also added that the entertainment and education sectors going online will give rise to vernacular platforms,
She highlighted the fact that during the pre-COVID days, not much thought was given to security products and businesses being vulnerable to cyber-hacking. But, with the WFH (work-from-home) mode becoming the new normal, that is going to change. 

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