Start-ups’ focus shifts to conserving cash

  1. What? Start-ups across the board are focusing on cash conservation and making their core businesses fitter
  2. Why ? Funding has slowed
  3. Earlier: Investors poured more than $5 billion into Indian Internet companies, which expanded into new cities and businesses
  4. This was without caring much about the financial viability of many of their experiments
  5. Now: Market sentiment has flipped because of a mix of macroeconomic and international factors and local ones such as deep losses incurred by start-ups
  6. Even relatively well-funded start-ups are shutting the initiatives which aren’t yielding immediate returns or entailing high costs
Start-up Ecosystem In India
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