valuations

India's economy and stock markets are booming, but its startups are not.Investors, once eager to pump in billions of dollars in promising Indian tech ventures, are now going slow and cutting smaller cheques. They've been burnt by ignominious falls from grace - and valuations - for once-marquee young firms or market debutants of recent years such as digital payments company Paytm.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM KozhikodeIIMK Advanced Data Science For…

The investor sentiment post-BTC ETF is yet to come down from the highs it reached in January. Ever since they were introduced in the US markets in January, these financial products have recorded strong inflows and have fuelled a bull rally for Bitcoin (BTC).  Analysts have suggested that the pioneering crypto might even rise to $100K in the long term.  Technical analysis and key parameters expect Bitcoin prices to go higher. Market experts have even provided concrete evidence like the easing of financial…

In 2021, it felt like every startup was able to raise at an inflated valuation no matter its size, sector or underlying business model. Today, things look a lot different. Comparing pre-money valuations, every startup fundraising stage except seed saw median valuations decline last year compared to 2022, according to data from PitchBook. Things were slightly better in 2022, when only the median late-stage and growth-stage valuations were down from 2021, while the median early-stage valuation…

Startups must brace for further down rounds in 2024 as valuations could fall by nearly a third compared with 20-25% now amid a lingering funding winter and an increase in the number of companies looking to raise cash, says Deepak Padaki, president of Infosys founder NR Narayana Murthy’s investment firm, Catamaran Ventures. The family office has backed around 27 private firms including Acko, Udaan, PaperBoat and Elon Musk’s SpaceX. In an interview with ET’s Beena Parmar, Padaki, who joined the company last August, also…

The past couple of years have proved to be a turbulent time for the crypto industry. As if a spate of big crypto institutions failing or going under wasn’t enough, the industry saw many tourist investors running for the gates as the wider macroeconomic climate worsened. But a recent spike of interest in crypto, driven by rising Bitcoin and Ethereum prices, is rebuilding momentum, and many think that next year could be promising for crypto startups’ valuations. Fundraising was difficult for both startups and venture…

Startup valuations — especially at the later stages — have come down drastically over the last year and a half of the ongoing market correction. Companies that once boasted sky-high valuations like Klarna and Getir have seen their valuations slashed in their latest funding rounds. Outside of Klarna and Getir, though, very few late-stage companies have raised new primary rounds since the booming 2021 market. This means secondary data is one of the few sources where the market can turn to get a…

Maintaining a full content pipeline is a laborious, subjective process, and with so many people involved, it can be hard to remain data-driven. Generative AI tools speed up this work dramatically: Once a system is trained on your content, it will churn out keywords and ideas by the bushel, but human beings still need to separate the wheat from the chaff. In a detailed TC+ post, Nick Zamanov, director of business development at Cyber Switching, explains how his team used OpenAI to boost site traffic, domain rating and…

Can emerging managers do a better job of expanding access to capital than established VC firms? Because many funds with less than $50M under management “are led by those from underrepresented backgrounds,” there’s “an opportunity for less experienced managers to step in and back the founders being overlooked and ignored on a higher level,” reports Dominic Madori-Davis. Full TechCrunch+ articles are only available to membersUse discount code TCPLUSROUNDUP to save 20% off a one- or two-year subscription To learn…

It’s been a rough start to 2023 for European startups. In the first quarter of the year, dealmaking decelerated, valuations flattened, and exits remained subdued, according to new research. Analysts from PitchBook, a financial data firm, found that investor priorities have shifted from growth at all costs to profitability. After a boom in VC activity that trickled into early 2022, reports of lower growth rates, workforce reductions, and tougher funding conditions have emerged. As a result, due…

Mumbai-based online pharmacy PharmEasy’s parent company API Holdings has seen yet another valuation markdown – this time by funds managed by global asset management company Janus Henderson, regulatory filings with the US Securities and Exchange Commission (SEC) showed.The global investor, which picked a stake in PharmEasy in September 2021, has reduced the valuation of its holding in the firm by half, which would translate to an approximate valuation of around $2.8 billion as of December 31, 2022.The filings were made…