The conversation around startups in India has revolved mostly around valuations and how ventures which have emerged over the past few years have scaled up or failed to do so. Central to these discussions has been the issue of funding and valuations and how top-flight investors across the globe are swooping in on Indian startups and, in effect, pushing up the numbers. However, of late, this discussion has veered towards failure: How many ventures which showed promise are struggling to scale with funds drying up and investors asking for a path to profitability and returns.
(This story appears in the 08 July, 2016 issue of Forbes India. To visit our Archives, click here.)