Here are a few growth stage funds that are going slow on Indian start-ups in 2016, after a bull run last year, based on data provided by VCCedge. Steadview became one of the key growth stage funds to bet big on Indian start-ups last year. However, despite projecting that the Indian e-commerce market will become a $100 billion entity in 2020, the firm has not taken a single bet in Indian start-ups in 2016. SoftBankThe Japanese telecom major has championed Indian start-ups since 2014, backing Snapdeal, Ola and Housing. Mumbai/Bengaluru: Indian start-ups have been feeling the heat of a funding slowdown since late last year, leading several start-ups en masse to cut down on marketing spends and customer acquisition and instead focus on unit economics.

Source: Mint August 09, 2016 06:33 UTC