Co-Founder & Director, Zerodha
Nikhil, who runs an online discount brokerage platform, has also invested in a number of startups.
The first thing that immediately comes to mind is net banking, using digital wallets, and using credit/debit cards etc to make payments cashless.
Investment in financial instruments has historically remained at under 5% in India!
We see co-working spaces with a common knowledge base as the way forward as this drastically cuts down costs.
Startup needs to look at the value of the company is planning to raise capital, as it need to convince an outsider to buy into the idea.