Deeptech startups turn to early revenue to win investor confidence and market traction
Experts point out that founders have realized that while product innovation is important, India values companies with revenues and revenue visibility. “We can maybe support
Experts point out that founders have realized that while product innovation is important, India values companies with revenues and revenue visibility. “We can maybe support R&D for two to three years without revenues, but beyond that, I think you have to demonstrate some revenue before people gain confidence,” said Ashish Kumar, co-founder and general partner at Fundamentum, a firm that provides Series B and Series C funding to technology startups.
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