Big valuation reset coming for Indian startups next year: Flipkart’s Kalyan Krishnamurthy

Flipkart group CEO Kalyan Krishnamurthy said at The Economic Times Startup Awards 2022 (ETSA) that Indian startups will go through a lot of turmoil and volatility over the next 12-18 months, as the funding crunch will start to affect new-age tech companies only by the early part of next year. He added that things will get better after that, and that companies should focus on surviving this period.