'Next year could be bad': Zerodha co-founder Nikhil Kamath endorses grave warning for startup funding
New Delhi, Oct. 3 -- It all started with an X user predicting the future of India's startup scene in 2027. The post has now gone viral, probably after Nikhil Kamath's approval.
The user wrote, "If you are a startup or a company looking to raise capital. Raise soon. This is probably the best time to do so. And get a lot of cash to keep you comfortable for a year or two. Be diligent in spending. The cash too can be invested into some liquid assets. Next year could be bad."
The Zerodha co-founder replied with a '100' emoji, indicating that the prediction was 100% correct. Now, the reason why the prediction deserves more attention is that the user, whose X handle is @aravind, is known for his uncanny ability to predict the future.
On 2 Apr...
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