Friday, March 10, 2023

Still buffering in Bangalore: resetting expectations in Startup town

What started eight months ago, with investors asking for profitability, tighter control on costs and unit economics, to layoffs and downsizing, has now turned into a full static mode for the past few months. To add to this, a bunch of companies have seen major corporate governance lapses, highlighting how the excesses of previous years are throwing up concerns about basic business fundamentals.

from Tech-Economic Times https://ift.tt/wRGv7KA

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Ex-Peak XV trio launches Mettle Capital, targets $350–400 million fund to back Indian startups

Three former Peak XV Partners, Ashish Agrawal, Ishaan Mittal, and Tejeshwi Sharma, have launched Mettle Capital. The new venture capital fun...