Future Outlook

Sticky inflation, geopolitical uncertainties, recession expectations among major economies, and rising rates are likely to ensure elevated levels of volatility across asset classes. Cash will remain king, and we, at Equanimity, continue to monitor cash situations at a portfolio level and at each of our holdings. India’s ceaseless performance in these uncertain times acknowledges that the economy is upwardly bound. The early-stage ecosystem will likely continue attracting capital and entrepreneurs at a rapid clip, even as late-stage businesses see further consolidation in valuations and operations.

From our standpoint, we continue looking far and wide to ensure we find great businesses backed by amazing entrepreneurs, addressing very large scalable opportunities.