Crises at Paytm, BYJU’s spills over as India-focused investors tread with caution

Crises at Paytm, BYJU’s spills over as India-focused investors tread with caution

Photo: Nareeta Martin/ Unsplash.com

The recent crises at two of India’s major startups—fintech giant Paytm and edtech firm BYJU’s—have shaken investor confidence, prompting fund managers to go slow with investments in the new economy sector and also renegotiate terms and rights in late-stage deals.

Edited by: Pramod Mathew