Amplitude

While a markdown from the peak valuation of $10 billion OYO is raising money again in a testament to the continued interest in #Traveltech and #Hospitality by #VC #PE investors. #VentureCapital #StartupIndia #Secondarytransactions

Probably the 2 biggest applications of #AI in #Traveltech are the bookends of a journey – understanding intent and handling cancellations. Understanding intent is directly tied to customization – the soul of next-generation travel. Travel Tech will have to distil the vortex of data of customer needs and tailor these to create highly personalized experiences – ones that will incorporate cost, comfort, loyalty programs, dietary preferences, affinity for cultures and languages, and a plethora of other data points. Cancellations and upsells – probably the Achilles heel of the travel industry – is ripe for disruption (and hopefully improvement) with the transformational power of AI, especially #GenerativeAI. Millennials are increasingly confident in dealing with chat agents for amendments, cancellations, refunds, transfers and coordination with related offerings like care rentals, local tours, and lots more. #VC #VentureCapital #Travelstartups

Preqin recently launched a well-researched report outlining the staggering growth of #VC #VentureCapital #PE in India. The numbers and research dovetail, indeed intertwine, well with Amplitude's thesis on capitalizing (literally and figuratively) on India's consumption trends and demographic shifts that act as tremendous tailwinds for #FnB and #Traveltech. The article also alluded to the growth of #Secondaries #Secondarytransactions - something we strongly believe acts as a string fillip to capital formation at the primary level on account of risk mitigation resulting from formation of viable exit alternatives. https://lnkd.in/dcvtZzew

Delighted on hearing of the advent of a new #Secondary #Secondaries fund by Norbert Fernandes and other veterans from the #VC #VentureCapital ecosystem. The growth of the secondaries ecosystem greatly encourages capital formation through #LPs at the primary level - as it provides a distinct, robust and plausible exit avenue for promising companies that have elongated paths to #IPO #MergersandAcquisitions. Which in turn augurs well for funds like us as we march towards a first close on Q1 of 2025! https://lnkd.in/gRzTaeVr

While #traveltech is often synonymized with consumers, an oft-ignored but significantly large chunk of the market caters to #B2B. This market, in addition to being ripe for innovation (and adopting innovation) has attractive economics (especially #LTV/$CAC) OYO is a company we follow closely for it’s innovation DNA and (apparent) ability to grow with a good balance of organic and inorganic strategies. Their foray into the corporate travel space, alongside it’s impressive acquisition of brands @Motel6 and @Studio6 was intriguing on quite a few fronts, least of which is the strong interplay between traveltech and #hospitality. Keen to hear your thoughts…. https://lnkd.in/d-Yzn4H2

Inc42 Media recently published a wonderful collection, a mini compendium of sorts, of FnB brands growing at a nice clip in India. And yes, they are all funded by VCs, Angels and a combination thereof. Good validation of our belief that this sector will continue to charm investors across the spectrum. And entrepreneurs in #startupindia should be enthused about building and scaling brands in India! Few notable points Geography14 Mumbai, 10 Bengaluru, 5 Delhi, 2 Pune, rest distributed across India A decent sprinkling of family offices (with core business not in Food) – good testament to the notion that "better returns than my business, even if not strategic” is growing in #InvestIndia An interesting tidbit: 5 search results for “Chocolates” and “tea”, 5 for “Protein”, 4 for “Millets” and “Coffee”, and scattered across others.  Sign of the times! #VC #VentureCapital #Angelinvsting #Angel https://lnkd.in/gavDq7Ps

Wonderful event organized by startupXchange Leenesh Singh and team in Bangalore yesterday elucidating recent developments in #familyoffice investment preferences. Nice to know about positive shifts in #assetallocation towards #VC #VentureCapital and #PrivateEquity as understanding of early stage technology #startups as an asset class continues to evolve in a positive way!

Amplitude will be at #startup #VC #familyoffice investment summit organized by startupXchange. Looking forward to meeting investors, partners, startups and more as we embark on this wonderful journey!!

Another validation in the FnB space as SKFS group acquires Mirah Hospitality for 80 CR for it's premium brands including Bayroute Hitchki and Rajdhani. More notable observations from the deal: -- M&A between players with clear intent to realize synergies and grow inorganically -- India's food services market is (literally and figuratively) at a mouth-watering 5.69 lakh crores! And, growing at a rapid clip at that... -- Plenty other activity with Tiger-backed Chaayos embarking on its own acquisition path #Startupindia #FnB #VC #VentureCapital https://lnkd.in/dYmNZgj5

With the dust settling on the US Presidential election, the Amplitude team took at a stab at the new and evolving macroeconomic scenario and why it could actually benefit #startups in our ambit of interest. Domestic consumption is a function of a) Number of people that live domestically and b) Their discretionary spending power. Of course, factored in for the propensity to spend and the general FnB and travel Zeitgest. With less people migrating to the US on account of looming immigration issues, we foresee a greater number of high pay opportunities in white collar positions getting created locally. Leading to greater spending power on FnB brands and for personalized and exotic travel in India. We also see a continuation of the sizzling wealth-creation activity in the country on account of the shifting politics that puts India smack-dab  in the center of world trade. Which would further amplify the wealth effect and lead to further demand for fine dining, immersive travel and other sectors that we are positioning ourselves to scale. #FnB #Traveltech #VC #VentureCapital #StartupIndia #Entrepreneurship