Byju's Valuation Slashed By 48%; Swiggy Valuation Reduced By 25% - Trak.in - Indian Business of Tech, Mobile & Startups trak.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from trak.in Daily Mail and Mail on Sunday newspapers.
The funding environment signals a pause for breath rather than a complete halt of funding, the report says. As firms focus on profitability, growth slows down, which further pressures valuation. Slower growth also results from startups trying to preserve their capital, as incremental funding has become more difficult