The current correction in India's startup ecosystem has been caused due to indiscriminate hiring which created a fixed cost problem for startups
Speaking to CNBC-TV18, TV Mohandas Pai, the former Chief Financial Officer of Infosys, said new-age startups have no clear strategy and very poor execution.
Young Turks starting the year with two special episodes. First a discuss on the year gone by and in the next episode we spot the big ideas for 2015.
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