Inflated valuations, poor corporate governance, cash burn and the so-called funding winter were some of the defining trends in the Indian startup world in 2023. However, what could be seen as a tumultuous year for the country’s startups was also a year of silver medals. guidance and common sense for both founders and investors.
The calendar year (CY) 2023 saw a series of valuation corrections and several startups became profitable after prolonged periods of losses.
The increased focus among startups and founders on governance and improving margins is once again generating optimism among investors as markets continue to recalibrate into 2024.
As such, financing
First print: March 27, 2024 | 12:04 pm IST