inc42.com, December 29, 2016:- 2016 has been a year of many changes in the Indian entrepreneurial ecosystem.
After going through a period of hyper-growth and exponential scale fuelled by big-ticket investments, the industry has finally entered a phase of consolidation and maturity.
This is most aptly demonstrated in the shift within investor preference from startups with high valuation to early-stage ventures with robust unit economics that promotes sustainability and profitability, along with the scale.