1947 Rise ☀️: 340
1. Indian startups under high pressure, causing some to fail: Zoho’s Sridhar Vembu
Amid rising governance lapses in the Indian startup ecosystem, Sridhar Vembu, the CEO of SaaS major Zoho, told Moneycontrol that several startups are facing pressure from the venture capital ecosystem, coupled with factors like unreasonable target-setting and excessive emphasis on profits, which can lead some of them to eventual failure.
Indian startups under high pressure, causing some to fail: Zoho's Sridhar Vembu
2. Startups have obligation to take India’s flag to other countries: Paytm’s Vijay Shekhar Sharma
Startups have an obligation to take the Indian flag to other countries, founder and CEO of Paytm Vijay Shekhar Sharma said on Tuesday.
“Right now we have reached the stage in the startup ecosystem where the mature companies should start to think that which countries we can export to, if we could export for our IT services,” Sharma said
Startups have obligation to take India's flag to other countries: Paytm's Vijay Shekhar Sharma
A podcast:
1947 VC ✨
My conversation with Sunil Chhaya is live.
Building a VC Firm: Trust, Commitment, and Succeeding Together!
We covered:
→ Founding story of Kearny Jackson
→ Decision to start a fund with Sriram Krishnan
→ Portfolio construction
→ How to reach out to LPs and raise capital
→ Insights on fundraising lessons learned
→ Lows and highs of building a VC firm
→ Less discussed aspects of building a VC firm
→ A typical day's schedule
→ Relationship with health
And much more!
Full conversation: https://bit.ly/44QHzCD
Worth your attention:
Startups in India to grow tenfold in next 4–5 years: Union MoS Rajeev Chandrasekhar Link
Tiger Global, Peak XV, other egaming investors write to PM Modi on 28% GST, seek meeting Link
Wingreens Farms in talks to raise $10 mln from Investcorp, Peak XV and others Link
Ethereal Machines raises $7.3 million funding from Peak XV’s Surge, others Link
Star founder broke down in tears as crises engulfed Byju’s Link
Lack of transparency prompted board exit, says Byju’s shareholder Peak XV Link
Swiggy announces second tranche of $50 million optional Esop buyback at lowered valuation Link
B2B automation software Gushwork.ai raises $2.1 million in funding led by Lightspeed Link