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Ahmedabad (Gujarat) [India], March 28 (ANI/PNN): Amid challenging economic conditions, startups and businesses must relook at their business models and adopt more frugal business practices to attract investor interest, experts said at the GVFL Annual Investors Meet 2023. "The times are challenging. Money is there, but funds are going to be choosy in the startups they invest in. Startups will have to relook at their revenue models, adopt more frugal business practices, reduce expenses, and focus on profitability to tide over the crisis," Kamal Bansal, MD, GVFL said in his welcome address. Bansal also shared GVFL's future plans saying it will launch its 10th fund very shortly. He said that with the 'Gujarat Young Entrepreneurs Venture Fund' announced by the Government of Gujarat in the budget, GVFL hopes to catalyse investment of more than Rs. 3,000 crores in startups in Gujarat in three to five years. The GVFL Annual Investors Meet brought together more than 250 st ....