financetom
Business
financetom
/
Business
/
Startups need to focus on profitable growth and not chase valuations, say experts
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Startups need to focus on profitable growth and not chase valuations, say experts
May 26, 2022 12:56 PM

Over the last 20 years a lot has dramatically changed for the Indian startup ecosystem, particularly in the last 10 years, and more so in the last 2 years.

There has been a lot of press and a lot of headlines around India minting unicorns. In 2022 alone, India has seen more than 40 unicorns. However the real story is about the value creation and no so much the valuation.

So what does the startup story for India look like from here on and why they are getting so much focus and attention in Davos? To discuss this CNBC-TV18 spoke to Nikhil Kamath, Co-Founder of Zerodha & True Beacon; Vidit Aatrey, Founder & CEO of Meesho; Sachin Dev Duggal, Co-Founder & CEO of Builder.ai; Prashant Pitti, Co-Founder of EaseMyTrip and KT Rama Rao, Minister of Urban Development & IT in Telangana.

Watch video for more.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
SJVN secures 200-MW wind power project at ₹3.24 per unit
SJVN secures 200-MW wind power project at ₹3.24 per unit
Nov 16, 2023
Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
Copyright 2023-2025 - www.financetom.com All Rights Reserved