So now that we all have been a witness to ‘Black Monday Mayhem’ in form of one of the worst share market carnage and are in dark over the future of the same, what does this community feel about its impact on prospective Start-up fundings.
Stocks that hit their 52-week low included Aban Offshore, ABG Shipyard, Adani Power, Gail, ICICI Bank, NTPC, ONGC, Tata Motors, Tata Steel, VST Industries, among others.
To put matter in perspective, recently enough the likes of Ratan Tata have invested hugely in many promising start-up’s, though share market may or may not be directly related to start-up’s indeed it has a direct implication on many investors.
So I just wish to know how current global and national financial situation is going to drive the future of start-ups in this country. Can we call it as the end of honeymoon period of Start-up funding? Or is it just an independent avalanche deemed to pass?
Any and all insights would be deeply appreciated.
Thank You!