2 big themes Ashi Anand is betting on in the long term
Ashi Anand, Founder & CEO, IME Capital, says the whole shift towards digital platforms in India is a theme that is very attractive from a longer-term perspective. It is a longer term story around value migration that is happening from traditional businesses towards digital forms of transaction. This could be across payments, food, or transportation, etc. The other core space Anand is gung-ho on is financiers which includes the BFSI space, and capital markets. There is a clear growth runway as the financialization of savings in India is still a nascent kind of trend.
You track IT or tech pretty closely. Do you think that is one sector which will manage to wade through the storm that we are currently seeing because it is showing some sporadic outperforming moves?
Ashi Anand: We need to differentiate between IT services and tech or what we like to call digital or digital platforms. If I just focus on digital platforms, that is really the longer term story around value migration that is happening from traditional businesses towards digital forms of transaction. Now, this could be across payments, it could be across food, it could be across transportation, etc. The whole shift towards digital platforms in India is honestly a theme that we believe to be very attractive from a longer-term perspective and really does not get too impacted by whatever is going on right now.
IT services are separate, creating software for global demand. This is a space which has actually been quite subdued for an extended period of time. And
