Key Points
Manish Kejriwal from Kedaara Capital discusses the funding winter and predicts consolidation among entrepreneurs..
Private equity funds are now more disciplined, focusing on unit economics and future profitable growth..
There is a projected decline in financing in 2024, but green shoots are expected amidst the consolidation.ETMarkets.com..
Manish Kejriwal: Not only the entrepreneurs, but also private equity getting back into a more normalised, disciplined format..
If you see what was happening in 2023 also, compared to 22 and 21, fundraisings decreased for funds, the number of investments we made decreased, the number of exits which is the driver, DPI is the new MOIC..