Whether it be debt or equity, in general, the level of risk is lower when investing in bigger companies. This got further exacerbated in the backdrop of the pandemic, smaller companies with their lower levels of resilience and limited sources for raising financing resulted in positive economic outcomes for larger players. Their already high market shares got a further fillip as suppliers, distributors, financiers, customers all resorted to ‘safer’ and ‘trusted’ brands. Apart from growth, this enhanced market share provided a cushion against lock-downs, lowering demand during the pandemic, says Varun Kapur Yes Bank.
The co-founder of engineer.ai wants firms to develop their own apps using his programme which he says requires little or no tech skills. Having a fast, personalised app is key to a company’s online presence and marketing ability. In 2017, the total amount of app downloads hit 197 billion which is expected to surge to 352 billion by 2021, according to Statista. Here, Sachin Dev Duggal , co-founder of Engineer.ai explains how he wants to bring the cost of creating an app down for businesses and make it easier than ever to do so. Tell us more about the company. What’s your background and what is the company’s vision? We founded Engineer.ai in 2016, and the ‘Builder’ platform will be launching in June this year. The company was founded because we wanted to create a platform that would enable anyone to make a software idea into a reality without needing expertise knowledge in development and coding. The company was founded in partnership with my university friend Saurabh Dhoot. I...
i read the complete article of Varun Manmohan Kapur really it is an interesting piece of the content and also helpful to grow the income
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