If 2021 was the year of unabated growth for Indian startups, 2022 was all about corrections, maturity and a shift in perspective — from scaling at all costs to building sustainable business models. Amid a global economic downturn, investors tightened their purse strings and many startups suffered as a result of cash running dry.

According to Inc42’s estimates, Indian startups raised $25 Bn in 2022, 40% less than the $42 Bn raised in 2021. To remain afloat, startups resorted to some serious cost-cutting measures, one that is reflected in 20,000+ layoffs recorded so far. 

However, not everything is gloomy. Although the market went through some growing pains, new business models and innovations across varied sectors caught our attention last year. 

In November 2022, spacetech startup Skyroot Aerospace scripted history by becoming the first private Indian company to launch a rocket into space. We even saw the subscription economy becoming more than a trendy buzzword within the ecommerce industry and future technologies such as drones and EVs taking centre stage. 

And between all of this, the internet penetration in the country has been growing at a fast clip. 

These factors not only open new avenues for India’s tech startups but also offer them an opportunity to tap into new consumers and geographies. However, the tailwinds will favour only those who will have a clear long-term vision, amid the VC reset.

To scale future-defining segments and models, one requires a fresh outlook and a new product playbook that fits the evolving market trends. The rules of the game are changing and to help you understand how you can adapt to the rapidly changing ecosystem and build scalable businesses of tomorrow, we are delighted to announce the third edition of India’s largest product conference, The Makers Summit 2023. 

The Makers Summit (TMS) 2023 will bring together more than 60 founders, product leaders and makers under a single virtual roof to discuss up-and-coming product innovations, and playbooks powering the growth of new-age startups. Join the brightest minds from the tech ecosystem to decode the product strategy of India’s fastest-growing startups.

Scheduled for March 24 and March 25, 2023, the third edition of TMS will host stalwarts from India’s hottest startups and explore the most revolutionary and industry-transforming product trends for 2023. 

Get a chance to interact and engage with startup leaders across unscripted interviews, candid fireside conversations and our signature in-depth masterclasses. Join 5,000+ attendees to get an all-around perspective on the latest trends and actionable insights at TMS 2023.

The Makers Summit 2023 Themes

This year, we are focussing on some of the most talked about trends and riveting themes that took the startup ecosystem by storm in 2022 and are likely to shape 2023.

A case in point is India’s edtech sector. As funding dried up and schools reopened, the edtech industry witnessed a massive setback. Most edtech startups hit rock bottom. They either laid off their workforce or went out of business. More than 7K employees were asked to leave by December 2022. Edtech’s toughest year has indeed brought along some hard-learned lessons.

At TMS 2023, our lineup of esteemed speakers will also deep dive into the staggering growth of UPI payments, especially in India’s tier 2,3 regions and decode the rise of digital public goods and smart governance and how it is ushering a digital transformation in India beyond the metros. 

A proactive forum for discussion, the speakers are TMS 2023 will also delve into the opportunities, challenges and future outlook for India’s fintech startups, track the growth of technologies of tomorrow such as climate tech and spacetech and discuss how businesses can hire and retain talent amid an ever-evolving work culture. 

What To Expect At TMS 2023?

Join 60+ speakers across 30+ curated live sessions to learn the product playbook that can help you take your startup to the next level. TMS 2023 will feature a mix of keynotes, breakout sessions, and masterclasses centred around proven actionable insights, tools, and frameworks to aid you in your growth journey in 2023. 

In the two-day summit, you will get a chance to join, connect and interact with thousands of startup stakeholders through our networking lounges, which are dedicated to the burgeoning community of India’s product leaders and makers.

We are inviting startup founders, CXOs, VPs, product managers, product designers, product marketers, developers, investors, corporate executives, government officials and policymakers to become part of the product revolution.  

Note: We at Inc42 take our ethics very seriously. More information about it can be found here.