2019 roundup so far: Startups are growing bigger but by widening losses

• Startups from across sectors – ecommerce, digital payments etc., continue to burn cash even though some of them have also raised funds this year.
• Amazon, Flipkart, Paytm have all reported losses for the financial year ending March 2019.

The financial reports of most Indian unicorns and startups show that even while they are growing at a fast pace, the numbers are not on their side.

Startups across sectors – ecommerce, digital payments etc., continue to burn cash even though some of them have also raised funds this year.

Here’s a roundup of startup losses that have been reported so far