Investors tell Indian startups to ‘prepare for the worst’ as COVID-19 uncertainty continues
Just three months after capping what was the best year for Indian startups, having raised a record $14.5 billion in 2019, they are beginning to struggle to raise new capital as prominent investors urge them to “prepare for the worst” and cut spending. In an open letter to startup founders in India, ten global and … Continue reading Investors tell Indian startups to ‘prepare for the worst’ as COVID-19 uncertainty continues
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