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19 Mar 2024, 08:52

Businesses should not be built on model, but out of passion: Peyush Bansal

Businesses should not be built on model, but out of passion: Peyush Bansal

Businesses should not be built on model, but out of passion: Peyush Bansal

Businesses should not be built on a model or channel but rather out of a problem or passion, Lenskart co-founder and CEO Peyush Bansal said on Monday. Responding to a question on omnichannel business strategy, the famous Shark Tank investor said that he does not believe in all these buzzwords.

A 'thaw in startup funding winter' as two unicorns emerge within a quarter
Katya Naidu
18 Mar 2024, 15:02

A 'thaw in startup funding winter' as two unicorns emerge within a quarter

The year 2024 has been good for many startups, as deal activity is growing at a faster clip. While the funding winter that set in mid-2022 is far from over, there seems to be a thaw, opine experts. Not only did two companies — Krutrim AI and Perfios — turn unicorns, but many more late-stage deals are being closed at impressive valuations.

Indian startups on track to raise $8-12 billion this year: Peak XV MD Rajan Anandan
18 Mar 2024, 13:11

Indian startups on track to raise $8-12 billion this year: Peak XV MD Rajan Anandan

Indian startups are expected to raise USD 8-12 billion this year, a top official of venture capital firm Peak XV said on Monday, highlighting that the country's startup ecosystem is the most vibrant in the world. Speaking at StartUp Mahakumbh, Peak XV Managing Director Rajan Anandan said around USD 20 billion of private capital is lying uninvested and is committed for investment in private firms and startups in India.