Family Office to Billionaire Murthy Warns on Startup Valuations
Narayana Murthy's family office, Catamaran Ventures, has expressed concerns over the high valuations of startups in India. According to the article, Catamaran Ventures is growing cautious about investing in Indian startups due to the steep discounts being driven by funds that need to exit their investments. This suggests that the startup ecosystem in India may be facing challenges, as some investors are looking to offload their stakes at reduced prices. The article highlights the potential risks associated with the current state of startup valuations in the country, which could have implications for the broader investment landscape. Murthy's family office, being a well-established player in the Indian tech industry, is closely monitoring these developments and advising caution when it comes to startup investments.
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