Startups selling at discounts of 30-40%, says Family Office to Infosys co-founder Narayana Murthy; warns on startup valuations
Narayana Murthy’s Catamaran Ventures has flagged concerns about inflated valuations in the Indian startup ecosystem, revealing that many are being sold at significant discounts. Funds are offloading investments due to the end of their investment cycles, as profitability remains elusive for many ventures.
