Witty and unapologetic, Amit Gupta candidly shares his views on The Indian Startup Ecosystem, which is on the verge of transcending its nascent stage. Emerging stronger and wiser from the funding winter, Amit highlights the growth of India’s R&D ecosystem and the surge of innovation that retains its Indian essence rather than merely copying the West.

His extensive experience and candid perspectives position him as a significant thought leader in this space. Known for his ability to identify emerging trends and his dedication to fostering innovation and entrepreneurship in India, Amit’s insights are invaluable for anyone interested in the dynamics of startups and investments.

Paritosh Malwiya:
So right, Amit, firstly, you know, I wanted to start off with understanding what is Factorial and you are a partner in Factorial. How long has it been?

Amit Gupta:
Yeah, sure, sure. Thank you for asking Paritosh. So I’m a partner director at Factorial. We are, for the lack of a better word, we are a boutique management consulting firm, which is doing a host of things, which includes advisory on specific challenges faced by startups and companies. And I use the word companies because essentially, we deal with growth-stage startups which have become companies by now. Then we do deep consulting for the same companies. When I say deep consulting, it means we advise them on any and every business function 360 degrees, be it sales, marketing, finance, anything and everything right on a day-to-day basis. We don’t work as strategy consultants but we get our hands dirty right in terms of working as an extension of the company itself.

And then of course we do investment banking and fundraising and funding for these very companies, right? So it’s a very differentiated model, more like a Y Combinator growth model which we entail and we are very boutique in our operations, a maximum of eight to ten companies at any given point.

And the vision, I mean, I must tell you, our vision is to grow 100 companies in the next five years to at least a bare minimum of 100 crore top-line revenue each, which is a very conservative figure.

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