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Startup investors push founders to focus on stronger unit economics amid funding slowdown

In the last 2-3 weeks, many startups have deferred hiring mandates to the next quarter, as they head into a funding winter and want to go slow on expansion and step cautiously to conserve cash, said executive search firms and startup founders.

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Winter is coming, Y Combinator warns; startups show solidarity amid layoffs

The famed Silicon Valley startup accelerator has told founders of all its portfolio companies to hunker down, cut costs and extend their runways “within the next 30 days”.

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Crypto exchanges face funding dip amid low trading, high taxes and Terra

A leading crypto platform, which recently announced a funding round, started reaching out to VCs in September 2021 when valuations were at their peak. Conversations dragged on until the company closed a smaller round at a lower valuation recently. Experts said even the exchanges that have closed deals at high valuations will find it tough to meet projected numbers.

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Crypto exchanges face funding dip amid low trading, high taxes and Terra

A leading crypto platform, which recently announced a funding round, started reaching out to VCs in September 2021 when valuations were at their peak. Conversations dragged on until the company closed a smaller round at a lower valuation recently. Experts said even the exchanges that have closed deals at high valuations will find it tough to meet projected numbers.

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Fashion retailer High Street Essentials raises Rs 40 crore in funding from Stride Ventures

HSE plans to double its offline presence by adding 30 more exclusive brand outlets, a mix of company-owned stores and franchisees and another 100 shop-in-shops in large format stores over the next 12-18 months.

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Fashion retailer High Street Essentials raises Rs 40 crore in funding from Stride Ventures

HSE plans to double its offline presence by adding 30 more exclusive brand outlets, a mix of company-owned stores and franchisees and another 100 shop-in-shops in large format stores over the next 12-18 months.

from Tech-Economic Times https://ift.tt/yb8sKwq

Fashion retailer High Street Essentials raises Rs 40 crore in funding from Stride Ventures

HSE plans to double its offline presence by adding 30 more exclusive brand outlets, a mix of company-owned stores and franchisees and another 100 shop-in-shops in large format stores over the next 12-18 months.

from Tech-Economic Times https://ift.tt/UgEeaHS

Yellow.ai deploys 30% of global generative AI bots domestically

While markets like the US are mostly using GenAI for customer support in a bid to cut costs, India Inc. is using them as an opportunity to g...