Welcome to Moneycontrol Masterclass.
5- minute pitches, 2-day deals, and tons of money: 2021 was witness to a deal-making frenzy on the back of a rise in internet users during the pandemic, startups growing faster than ever, and VC firms with billions to spend. The year witnessed a record-breaking 44 unicorns emerging from India, apart from IPOs of new age internet companies such as Zomato, Nykaa, Policybazaar, and Paytm.
But the euphoria of 2021 stands in stark contrast with the caution in the current environment. Deals are taking longer to close, VCs are asking many questions before committing money and larger rounds seem far and few in between. The bizarre valuation bubble has been pricked by a combination of factors: the Fed's move to taper, a broader selloff in new-age tech stocks, and weak market sentiment, which is manifesting itself on the private markets.
Is it an early winter for startup funding in India? Will there be a rebound? Will tech IPOs take off in the current environment? Are investors calling the shots again?
Watch an expert panel decode all this and more on March 11, Friday, 6 pm on Moneycontrol Masterclass.