A start-up raising capital is inspiring for both the start-up ecosystem and for start-up-focused news platforms; increasingly so in a not-so-buoyant environment. It is a source of optimism for founders who have put their ‘blood, sweat, and tears’ into their vision.
Excess capital and the resultant capital burn can create the illusion of a market/demand, which is actually non-existent, particularly in product/services categories that are discretionary in nature.
India's start-up sector is experiencing a slowdown in investment activity after a record-breaking year in 2021, due to global geopolitical factors and poor stock market debuts by loss-making internet companies, according to experts.