AI to be the key driver in India's startup ecosystem, says expert
In an interview with CNBC-TV18, Mohapatra emphasised, “When capital was easy to raise and deploy, there was a lot of capital around the world. Now that it is harder to raise capital and deploy capital, there's a flight to quality in all dimensions of our business.” This flight to quality is not merely confined to the calibre of companies; it extends to business models, management teams, and even the investors themselves.
In an interview with CNBC-TV18, Mohapatra emphasised, “When capital was easy to raise and deploy, there was a lot of capital around the world. Now that it is harder to raise capital and deploy capital, there's a flight to quality in all dimensions of our business.” This flight to quality is not merely confined to the calibre of companies; it extends to business models, management teams, and even the investors themselves.
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