US-based Neuberger Berman marks down valuations of PharmEasy & Pine Labs
Over the last few months, several tech companies have seen their valuations getting slashed amid a funding crunch within the ecosystem.
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Over the last few months, several tech companies have seen their valuations getting slashed amid a funding crunch within the ecosystem.
Another challenge besetting start-ups is valuations getting slashed by investors. Experts believe that the increased focus on profitability and reduction in expenses has sparked this trend. This is a wake up call for start-ups to focus on financial metrics to grow and scale up. Here are some start-up biggies who saw their valuations getting slashed.
Sources told BT that the IPO-bound company has revised the issue size to $400-600 million and this might increase by 50 per cent depending on the market scenario in the next six months.
While talking to PM Modi, the young entrepreneur affirmed his commitment to the growth of the tourism industry across India
The company, which had last year in October filed preliminary papers with Sebi to raise Rs 8,430 crore through an initial share-sale, also posted an