From Flipkart to Zomato, Tech Startups Face Valuation Cuts
Some of India’s biggest technology startups, valued at over $1 billion, seem to be coming apart at the seams. From investors purchasing stocks at a lower valuation to layoffs and foregoing investments into innovation due to fund crunch, devaluations will force company leadership to take a close hard look at the current monetisation model.
read more @ Quartz
