Indian startups getting to grips with their A, B, C

Indian startups getting to grips with their A, B, C.

Economic Times reports that late-stage money for many startups in India are drying up, with Series B and C funding down about 25-30 per cent over last year, according to investment banking firm Merisis Advisors. Investors are now instead looking at more early-stage (seed and Series A) investments. "Many of the start-ups have a long gestation period and high burn rate. A shake-down has to happen and while fresh investments are coming in, they are fewer. 

Series B and C funding has come down about 25-30 per cent from last year," Merisis Advisors' co-founder Sumir Verma said. There are too many me-too start-ups in the market and unless there is something uniquely different, it is very difficult for startups to raise capital, especially at late stages, he added. IndiaMART Director Dinesh Gulati agreed. "It is a very real scenario. From a glut of funding across sizes some months ago, the ticket size is now going down," he said. 

Comments

Popular posts from this blog

THE HISTORY OF INDIAN ART HISTORY - Free eBook by Debashish Banerji - IdeaIndia.Com

Underused Talent

Digital Spin