“India’s social commerce sector will be twice as big as the current e-commerce market within 10 years” – 25 quotes from the week on the Indian opportunity

Launched in 2014, Story bites is a weekly column of YourStory, with notable quotes in our articles from last week (see the previous post here). Share these 25 gems and ideas for the week of December 6-12 with your colleagues and networks, and check back to the original articles for more information. See also our special compilation of quotes related to India coronavirus responses here.

Women-led businesses like Wingreens, Mamaearth, Sugar, etc. have shown us the strength and success that strong female founders can bring. – Kabir Kochhar, Anthill Athena

Growth is like Goddess Lakshmi – always welcome. – Ridhi Gangar, TMF

[Close to 50 percent of women in India are between 18 to 35 years.] And all of these women are looking to manage their sexual health and their lives. – Vaishnavi Raju, Hera

Children under 18 make up almost 41 percent of the country’s population, a large and underdeveloped market with great potential for growth. And the growing interest of children in fintech is evident. – Navneet Gupta, YPay

A farmer burns somehow around 1000 kg of paddy. Vegan leather is poised to become an $ 89.6 billion industry by 2025. – Bhavna Belani, Bagatella

There are many laws that have been introduced by law to protect animals, but the problem is that these laws are either not in force or hardly anyone is following them. – Ramanuj Mukherjee, LawSikho

There is a lot of waste in the supply chain where the dead pupae can be used in fishing, poultry and other things. – Saurabh Agarwal, ReshaMandi

About 3.3 million tonnes of plastic waste is disposed of in India each year and about 113,000 tonnes of this waste includes single-use plastic sanitary napkins. – Shripriya Khaitan Dhelia, FabPad

The alco-bev industry is growing every day. Millennials love to explore new varietals and brands and enjoy what they drink. – Vaniitha Jaiin, the perfect casting

Previously, people weren’t ready to invest in athleisure. Now, they don’t mind buying comfortable and quality sportswear for their workouts, but don’t want to pay a high price. – Rohan Shah, TRUEREVO

Our main challenge has been to develop a robust technology platform, which meets the needs of women farmers in remote areas. – Sanjeev Kumar, PashuBajaar

Criminal records are quite fragmented in India, and checks typically take four to five days. – Ajay Trehan, AuthBridge

Concern for the environment, health issues caused by air pollution and rising fuel prices are some of the main reasons India is witnessing a conscious shift to electric vehicles. – Apoorva Ranjan Sharma, Business Catalysts

Over 50% of Indians travel by bus, whether intra or intercity, but the Indian bus industry remains one of the most neglected parts of our mobility ecosystem. – Amit Gupta, GoGo Bus

India is at the heart of a transformation where digital plays a central role in changing lives, creating opportunities and stimulating entirely new models of innovation and business for the world. – Manesh Mahatme, WhatsApp Payments, India

The social commerce sector in India will be twice the size of the current e-commerce market within 10 years. – Anuradha Balasubramaniam, Poshmark marketplace in India

We have seen a rapid adoption of digital banking services, with users enjoying the new era of banking in India. – Satish Kumar Gupta, PPBL

After the proliferation of smartphones and the advent of the era of discount brokers, barriers to accessing financial markets have been removed. But the real problem for a retail investor remains – which is not Why trade corn What to exchange. – Manvendra Singh, Trinkerr

Blockchain technology has transformed the global and Indian tech ecosystem. – Kaavya Prasad, Lumos Labs

E-pharma is a sunrise category. The current market size is $ 490 million which remains a small size in the Indian pharmaceutical retail market which is valued at $ 25 billion. However, e-pharma has grown at a CAGR of 79% over the past three years. – Siddharth Maurya

At present, agricultural consultancy is not a competitive market, but it has started to evolve in recent years with the help of technology. – Jagan Chitiprolu, Samhitha Culture Care Clinics

Nine in ten new internet users are native speakers, and therefore the need for brands to connect with users in regional languages ​​is of significant value. – Aprameya Radhakrishna, Koo

We must not lose sight of the fact that affordability has been a key driver of the phenomenal expansion of the mobile subscriber base in India. – Mukesh Ambani, Reliance Jio

SMEs want digitalization and an online presence for their business more than ever. – Sri Teja, slide

The Middle East and South East Asia are also mobile-oriented markets, like India. – Mihir Gupta, Teacher Mint

Even if you have decided to start your own business in Web 3.0, there are so many uncertainties in terms of the future. – Pareen Lathia, Tribe of the Buidlers

The IPO is a logical next step for large-scale SaaS companies in India as they explore new geographic markets. – Aditya Shukla, Bain and company

We created 44 unicorns in 10 months. Inclusiveness is the key to today’s generation of startups. – Amitabh Kant, Niti Aayog

YourStory also published the paperback “Proverbs and quotes for entrepreneurs: a world of inspiration for startups” as a creative and motivating guide for innovators (downloadable as apps here: Apple, Android).