08-01-2023 12:39 PM | Source: PR Agency
Comment on PropTech Investment Report By Mr. Akhil Saraf, Reloy
News By Tags | #607

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

Below the Comment on PropTech Investment Report Mr. Akhil Saraf, Founder, Reloy

Over the past few years, global economies have witnessed significant disruptions, causing a shake-up in the VC PE world. Investors have become more cautious in their approach to deals, having learned from past experiences with unsuccessful ventures. Start-ups with high cash burn rates are facing challenges in this macro environment.

However, our experience with fundraising has been quite different. We were EBITDA positive when we initiated our round, and surprisingly, our round was quickly filled. This leads me to believe that there is a substantial amount of available dry powder for businesses like ours, attracting significant investor interest.

 

Above views are of the author and not of the website kindly read disclaimer