NEW DELHI: The startup space in India is looking at a lot of mergers and acquisitions this year and the next. Stakeholders say bridge funding deals, talks on acquisitions and investments have already begun. “We’ve seen it as a natural movement whenever there are slowdowns even without a specific crisis," said Karthik Reddy, Founder, Blume Ventures.
Movement could happen for four reasons -- acqui-hiring for companies that are running low on cash, classic consolidation among companies playing in a crowded market, plugging gaps in digitization of one’s own company, and tech acquisitions where a big company buys a smaller one for its tech. “Four of five Indian unicorns have asked us whether we have any good companies to offer them, which fit