How are all startups becoming profitable one after the other, know what is the real reason – Zee Biz

Startup culture is growing rapidly in today s time. However, the phase of Funding Winter is also going on. Meanwhile, while on the one hand many startups are engaged in layoffs, on the other hand there are reports of many businesses being profitable from the world of startups. Sometime back, Meesho announced that it has become profitable and is planning for an IPO.