The Brinc India team wrapped up a busy past month of showcases and networking around the country, participating in key events including: IReC x D2C India and D2C Insider Regional CXO Meet (both held in Bengaluru), India EV Confex (Chennai), TiECon (Mumbai), plus PBFIA’s 2nd Plant-Based Foods Summit (New Delhi).
These events provided valuable insights and sparked engaging discussions on emerging trends and noteworthy themes, shaping the following key takeaways from our experiences:
1. Community Will Lead Growth
At IReC x D2C India 2023, Brinc was part of an investors’ panel, meeting up with emerging retail and e-retail startups from across the country. It was insightful to see how community-led growth, both in-person and online, has taken shape in non-urban areas, signalling the potential that new businesses may unleash. The key issue, however, is working out how to capture the critical-mass audience — who are not all digital natives.
2. Focus On Sustainability
Brinc was invited to evaluate promising startups at D2C Insider’s inaugural “Pitchathon.” The common theme was certainly “sustainability” — echoing Brinc’s commitment to empowering game changers to help solve some of the world’s biggest challenges — and a focus on accelerating mainstream adoption by today’s conscious and highly aware consumers.
3. Government Support Is Critical
At EV Confex, India’s largest electric-vehicle conference, Brinc’s Senior Program Manager Nikkhil Srinivaas moderated a panel discussion titled “Investment Opportunities in the EV Sector.” Fuelled by the government’s pledge to slash carbon emissions, the country’s EV uptake is gaining fast traction, and the industry, attuned to the next-generation needs of two- and three-wheeler vehicles, is becoming a top investment choice. However, there’s still plenty of room for innovation and startup momentum in this space.
4. “Future Tech” Is Now
The theme of the recent TiECon 2023 conference was “Unboxing India 3.0 – AntiFragile, Conscious, Innovating.” Attending the largest entrepreneurial conference in Western India, the Brinc team connected with industry leaders, startup founders, investors, and businesses. The hot topics were, of course, generative AI, funding landscape and how it affects the entrepreneur ecosystem, environmentally-friendly technologies, and nuances of the current digital landscape in a disruptive, disorderly setting.
5. Capitalising on Plant Potential
India’s Plant Based Foods Industry Association is committed to making plant-based foods mainstream and creating new opportunities for economic growth, especially as the country is a leader in the production of protein-rich plants. With the millennial and Gen-Z audience increasingly embracing plant-based foods for health, environmental, and ethical reasons, the growing market demand has seen many established food companies develop new product lines, while many innovative startups have also entered the market. At the event, Brinc India’s Managing Director, Karan Keswani, was presented with PBFIA’s “Best Plant-Based Foods Accelerator” award. Brinc is excited to continue supporting new and innovative advancements in the foodtech space.
From direct-to-consumer retail to electric vehicles, entrepreneurship to plant-based foods, these events have shed light on emerging trends and inspired engaging discussions. By staying at the forefront of these developments, Brinc India is poised to drive innovation and contribute to the growth of these industries in the country.
If you’re interested in connecting with the Brinc India team, please contact india@brinc.io
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