Securing series C and beyond funding is a challenge for startups, Information Technology veteran Kris Gopalakrishnan said as he called for a simple, orderly and fast-track mechanism to shut failed businesses.
The startups 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…