During the Global Business Summit, leaders of the startup ecosystem said unit economics, total addressable market and founder quality are top of the mind for risk capital investors as the startup ecosystem in the country faces its worst-ever downturn.
Sellers and buyers were not immediately known but Fireside Venture is the likely seller. It owned a 7.57 percent stake in Honasa Consumer, the company s November 3 shareholding data showed
India's Digital-first Brands Aim For The US Stars And Vie For Global Recognition forbesindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbesindia.com Daily Mail and Mail on Sunday newspapers.
Arriving at a decision was difficult in the backdrop of a year which has been fraught with challenges for the venture capital industry as valuations and fundraising saw a major hit. Exits became scarce and the IPO market dried up.