Has India's startup story missed the capital efficiency bus?

Has India's startup story missed the capital efficiency bus?

The Flipkart delivery process. Photo: Bloomberg

“A startup is a temporary organization used to search for a repeatable and scalable business model”. A great definition from Steve Blank, one of Silicon Valley’s well known educators. What keeps the wheels rolling is that startups discover these scalable models in a very capital efficient way, delivering multiple returns to investors.

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