We see exciting and promising times in the consumer space with continuous innovations and variety of models emerging among the startup community particularly in the digital space. The number of internet users as well as e-comm shoppers are growing exponentially in India and SE Asia, which provides enormous opportunities for growth in this space. Our investments are focused on such innovative companies which are emerging e-comm opportunities targeting the millennials.
Our thesis is to invest as well as support our investments where possible through our domain knowledge bringing an element of value and differentiation. With operations in 18+ countries as Wipro Consumer Care, we are focusing to invest in startups in India and SE Asia having strong presence in these countries.