Fintech, SaaS, AI help B2B startups gain momentum in India

These are some of the startup names one would not easily recall from the Indian entrepreneurial ecosystem but such B2B companies are the potential game-changers with investors also shifting their focus on to them. The numbers are also doing the talking. The investment in startups across segments such as Artificial Intelligence (AI), Fintech, Logistics and Software as a Service (SaaS), which typically falls in the B2B category, touched $6.1 billion, with investment in 575 firms since 2016 till now, according to data provided by YS Research. Among these segments, fintech topped the chart in terms of funding with $4.4 billion, followed by logistics at $838 million, reveals YS Research. The recently-unveiled'The India Startup Report – 2018' by YourStory says: "Significant transformations are occurring in the organisational world and business ecosystem, which open up opportunities for startups in the B2B (business to business), B2E (business to employee) and B2B2C (business to business to customers/consumers) products. SMAC technologies (social, mobile, analytics, cloud), AI, and ML are disrupting big businesses and are enabling agile strategies for a new generation of enterprises and small and medium-sized businesses, though these are early days for block chain."