ET Startup Awards 2025: There is a need to expand startups’ capital pool: IDFC First Bank CEO

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There is an urgent need to expand the availability of capital for the flourishing Indian startup ecosystem, IDFC First Bank chief executive and managing director V Vaidyanathan said.

Speaking at the ET Startup Awards, Vaidyanathan expressed concern over the low funding rate for new ventures and said even the most innovative ideas fail without adequate financial backing.

“In a recent meeting with a venture capital firm, I was told that out of approximately 1,000 startups that pitch to a VC, only about 40-50 receive financing. This conversion rate is…



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ET Startup Awards 2025: There is a need to expand startups’ capital pool: IDFC First Bank CEO



There is an urgent need to expand the availability of capital for the flourishing Indian startup ecosystem, IDFC First Bank chief executive and managing director V Vaidyanathan said.

Speaking at the ET Startup Awards, Vaidyanathan expressed concern over the low funding rate for new ventures and said even the most innovative ideas fail without adequate financial backing.

“In a recent meeting with a venture capital firm, I was told that out of approximately 1,000 startups that pitch to a VC, only about 40-50 receive financing. This conversion rate is…



Source link

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.

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