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Startup funding ecosystem getting corrected, focus on a profitable growth good for the industry: Harsh Mariwala

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Startup funding ecosystem getting corrected, focus on a profitable growth good for the industry: Harsh Mariwala

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With the funding environment tightened, only the best proposal from startups can attract funds, Marico Chairman and leading entrepreneur Mariwala told PTI.

When asked about the difficulties faced by the new-age entrepreneurs, Mariwala said unique businesses should definitely get funding.

Mariwala further said the time frames compared to the earlier days have increased, which is fine because the scaling of the business is high and the growth rate is much higher.


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Article Details

Author / Journalist: Press Trust of India ( )

Category: StartupsEconomy

Topics: Higher Environment Degree Added Good Funding Business Marico Mariwala Funds Tightened

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-07-03, 07:17:08

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Reading Time: 4 minutes read

Article Length: 710 words

Coverage Area: India

Availability: Desktop Web, Mobile Web

News ID: 27152

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About YourStory

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Main Topics: StartupsEconomy

Official Website: yourstory.com

Update Frequency: 13 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 8h ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

News Language: English

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Publisher ID: #44

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