Are Indian startups facing a crisis as Narayan Murthy's family office reconsiders investments?
Middling startups struggling with growth that don’t have a clear path to profitability or aren’t making much progress are being sold at discounts of 30-40%, said the president of Catamaran Ventures, one of the largest private investors in the country
The family office of tech billionaire Narayana Murthy is growing cautious on startups in India, pointing to steep discounts driven by funds that need to exit their investments.
Middling startups struggling with growth that don’t have a clear path to profitability or aren’t making much progress are being sold at discounts of 30-40%, Deepak Padaki, president of Catamaran Ventures said in an interview.
Middling startups struggling with growth that don’t have a clear path to profitability or aren’t making much progress are being sold at discounts of 30-40%, Deepak Padaki, president of Catamaran Ventures said in an interview.