The Ongoing 'Funding Winter' Might Be Longer: Deep Kalra
Amidst the fluctuation in the flow of funding, the pools of capital or the key sources majorly remain the same. The steady and growth–bound market likes to see comfortable and solid profit predictions and business models which are fundamentally more stable.
“For the next few years, the ride for the early-stage entrepreneurs would be bumpy rather than a comfy ride,” Kalra advises.
The Growth Map
Acknowledging India’s growth trajectory, MakeMyTrip’s Chairman said that IT happened in India despite the government. Comparatively, all the other parts of the world are backward in payments than India, while saying this he additionally pointed out the record-making figures of UPI transactions as well.
Mukul Arora, Partner, Elevation Capital while speaking about the generous amount of steps being taken by the government of India to build an encouraging environment, he calls PM Modi the startup prime minister.
“Our Government’s focus has always been on protecting consumers’ interest ahead of anything else. That is why our finance-related regulations have been stringent at times but that has helped through the cycle,” Elevation Capital’s Arora further states.
Governance At Best
How does one find the right degree of governance and when is the right time to bring the audit committee onboard? “It is necessary for us to be more concerned to build and ensure good governance for our firm or company,” Mohit Bhatnagar, Managing Director, Sequoia India mentions.
It is easier said than done to get the best set of directors and advisors. The capability to attract the relevant and suitable best set of independent directors matters, MD, Sequoia India adds.
While running a startup, people should work towards the core vision matching their zeal with the founder. It is more of an ecosystem where a founder and a funder also look up to the top-level governance and strategic advice.
