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2016: The year start-ups began their call for protectionism

Despite consensus that market was fundamentally strong, firms struggled with funding and valuations

Alnoor Peermohamed  |  Bengaluru 

The year 2016 will go down in history as a tumultuous one for India's new economy companies that utilise the reach of the Internet to do business. The year started off on a low in terms of funding and valuations of start-ups, carrying over a sentiment of excessiveness from the previous six months. It was a contrarian 12 months, with every expert under the sun saying that the fundamentals of the market — growing Internet penetration, increasing per capita income, a strong economy compared to a weak global market — remained extremely strong, yet companies riding on ...

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2016: The year start-ups began their call for protectionism

Despite consensus that market was fundamentally strong, firms struggled with funding and valuations

Despite consensus that market was fundamentally strong, firms struggled with funding and valuations The year 2016 will go down in history as a tumultuous one for India's new economy companies that utilise the reach of the Internet to do business. The year started off on a low in terms of funding and valuations of start-ups, carrying over a sentiment of excessiveness from the previous six months. It was a contrarian 12 months, with every expert under the sun saying that the fundamentals of the market — growing Internet penetration, increasing per capita income, a strong economy compared to a weak global market — remained extremely strong, yet companies riding on ... image
Business Standard
177 22

2016: The year start-ups began their call for protectionism

Despite consensus that market was fundamentally strong, firms struggled with funding and valuations

The year 2016 will go down in history as a tumultuous one for India's new economy companies that utilise the reach of the Internet to do business. The year started off on a low in terms of funding and valuations of start-ups, carrying over a sentiment of excessiveness from the previous six months. It was a contrarian 12 months, with every expert under the sun saying that the fundamentals of the market — growing Internet penetration, increasing per capita income, a strong economy compared to a weak global market — remained extremely strong, yet companies riding on ...

image
Business Standard
177 22