Expect fewer startup shutdowns this year: Kalaari Capital MD
Bengaluru-based venture capital firm Kalaari Capital's Managing Director (MD) Rajesh Raju has said, "Startup shutdowns this year will be fewer than last two years." Claiming that there is enough capital, Raju added, "Much saner entrepreneurs and saner business plans are being funded now. Cash burns have come down dramatically, at least in our portfolio."