85% early-stage Indian startups expect higher valuations in next funding round: InnoVen Capital report – The Financial Express

Indian startups are hoping for a better year as majority of them expect higher valuations from investors amid increased focus on profitability and sustainable operations. According to the latest edition of the India Startup Outlook Report by debt firm InnoVen Capital released on Thursday, a whopping 85 per cent (mostly early-stage founders) of the 100 VC/PE backed startup leaders surveyed in the report said they expect higher valuations in their next round of funding relative to the last round.