According to ace investor Sanjeev Bikhchandani, 40 to 60 venture capital (VC)-funded new-age tech startups will be sustainably profitable within the next three years.
“I’m sitting with Ravi Mehta (of Steadview Capital) and gazing into a crystal ball.” We concluded that 40 to 60 VC-funded tech companies in India will be sustainably profitable in three years. So it’s not all doom and gloom,” Bikhchandani tweeted. He also stated that his discussion with Steadview Capital’s managing director Mehta helped him identify several viable candidate companies for the list.
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According to ace investor Sanjeev Bikhchandani, 40 to 60 venture capital (VC)-funded new-age tech startups will be sustainably profitable within the next three years.
“I’m sitting with Ravi Mehta (of Steadview Capital) and gazing into a crystal ball.” We concluded that 40 to 60 VC-funded tech companies in India will be sustainably profitable in three years. So it’s not all doom and gloom,” Bikhchandani tweeted. He also stated that his discussion with Steadview Capital’s managing director Mehta helped him identify several viable candidate companies for the list.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
