Securing series C and beyond funding is a challenge for start-ups, information technology veteran and Infosys co-founder Kris Gopalakrishnan said as he called for a simple, orderly and fast-track mechanism to shut failed businesses.
The start-ups scenario in India is pretty good but when those firms go for series C and beyond funding, there are some challenges, the co-founder and former CEO of Infosys said.
“But at the seed stage or series A (funding), there is still money available; good ideas will get funded and there are lot of opportunities for innovation and new startups in…