Friday, 24 March, 2023

Indian Startups Must Brace For A Long Funding Winter: Flipkart CEO

<p>Kalyan Krishnamurthy, chief executive of e-commerce giant Flipkart, has cautioned executives that the startup ecosystem&#39;s fundraising winter may last for another 12 to 18 months and that there may be &quot;a lot of instability and volatility&quot; in the market. Krishnamurthy advised startup owners to reorganize their businesses and welcome a downturn. According to investors, many company owners are unwilling to lower their prior values when considering new capital.</p>