Hoopla And Hubris: Why Indian Startups Are Coming Undone 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.
The drop in startup valuations due to funding winter means a reduction in the real value of executive stock options. Although some buybacks still occur, the scarcity of VC funds and company underperformance have reduced them. While senior executives are waiting for the situation to improve, they are increasingly careful when choosing new companies to join.
Zephyr Peacock India Growth Fund participated in the Series B investment round of Ripplr (Intelligent Retail Private Limited) and invested approximately ₹20 crores.