India’s top startups doubled revenue but lost $5 bn last year
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India’s top startups doubled revenue but lost $5 bn last year

By Malvika Maloo

  • 23 Mar 2023
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India’s top startups doubled revenue but lost $5 bn last year
Credit: 123RF.com

Indian tech startups, which reined in their cash burn in 2020-21 as the Covid-19 pandemic disrupted businesses and forced companies to relook at their expenses while the lockdowns added an unexpected tailwind to digital ventures, went on an overdrive again backed with venture funding last year, per a VCCircle study. The ......

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