Startup focus increases on profitability after funding winter, say reports – Live Mint

The India Startup Outlook report by InnoVen Capital, released on Thursday, indicates that around 62% of founders prioritized profitability overgrowth in 2023, up from 55% in 2022. Additionally, Orios Venture Partners report, also released this week, observed that unicorns in 2023 increasingly focussed on profitability, with 23 now in the green.

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