Live mint | 24 June 2023
In signs of a maturing ecosystem emerging from a harsh funding winter, investors say that startup founders even at an early stage are focusing more on core fundamentals such as operating models, and path to real profitability, among others, needed to build a durable business, rather than just looking at growth.
In the short to medium term, we are seeing businesses pausing growth and even allowing for shrinkage to weed out unsustainable and harmful elements," said Sheetal Bahl, a partner at Merak Ventures. However, he added that this is not a permanent shift.