Anurag Batra Presents His Views on Whether This Surge Can Sustain

Anurag Batra is the Chairman & Editor-in-Chief of the BW Businessworld Group and the Founder & Editor-in-Chief of the exchange4media Group. Dr. Anurag Batra is also an author, media mogul, a journalist, and an eternal optimist all rolled into one. Unpretentious and sincere, this dynamic entrepreneur is a name many will find instantly recognizable. He is the man behind the expansion of BW Business Group into one of the most respected business publications in the country.

Anurag Batra is also appointed by Government of India as the Chairman of an industry committee formed to come up with a vocational training framework for the media, communication and entertainment industry. He mentors many budding entrepreneurs and enjoys the process of reverse mentoring as in what he learns from these young entrepreneurs. A unicorn — as startups with a valuation of a billion dollar and above are called — was getting minted practically every week in the past one year in the country. Dr. Anurag Batra presents his views on whether this surge can sustain.

According to Mr. Anurag Batra, different experts have different takes on this. “The mettle of a leader is tested when negotiating choppy waters. A true leader is one who is able to steer his team toward sustainable growth through the hurdles on the way”, says Dr. Anurag Batra. In the latest issue of BW Businessworld, Anurag Batra and his team celebrates such leaders from the start-up space and more specifically, from among Unicorns.

Anurag Batra

“The last couple of years have seen this space light up. We have witnessed a Unicorn boom. As of July 2022, India is home to 105 Unicorns with a total valuation of $338.50 billion. Of course, they have benefited from India's digital push and policies conducive to the ease of doing business. The growth of Unicorns is good for the economy as a whole. There is, however, a slowdown in funding owing to the challenges facing the global economy, but despite these headwinds, the outlook is promising”, Anurag Batra explains.

In Anurag Batra point of view, “Unicorns are an interesting lot, and we wished to get to the bottom of what makes them tick. We interacted with some of the biggest names in the space to understand how they think. The one thing common to them all is that in addition to having a profit-mindset, they place immense value on consumer centricity and on giving back to society. The pages ahead offer you a peek into these brilliant minds and their work ethos”.

Anurag Batra also introduce you to the winners of the BW Unicorn Summit & Awards 2022. At this event, founders and venture capitalists shared insights on the changing paradigms of innovation, revenue generation, building brands and scaling up. Funding for startups may have slowed down across the world, but FinTech as a sector continues to thrive in spite of economic headwinds and the RBI’s recent crackdown on PPI credit lines, Anurag Batra highlights.

“As a matter of fact, a large number of Unicorns in India are from the FinTech space. Industry reports suggest that India’s overall FinTech market opportunity will be around $1.3 trillion by 2025”, Anurag Batra explains. In this latest issue, Mr. Batra and his team also profile leaders who are making a mark in the FinTech space. In May 2022, the BW Festival of FinTech brought together leaders who are driving innovation powered by FinTech and contributing to sustainable economic development, Anurag Batra concluded.