Startups face tough times, fund flow may not be easy – The Times of India

2023 proved to be a tough year for startups as investors stayed selective in allocating capital into companies and term sheets were signed only after weighing the ability of firms to deliver profitability With scarce funding and difficult investor questions being posed around the viability of business models, startups laid off employees, shut cash guzzling verticals, made pivots, while a few players like Dunzo and Koo are struggling to stay afloat