VCs are also examining investment opportunities in online media, healthcare, biotech, cyber security, cleantech, logitech, gaming, e-commerce, BPO, deep tech and software Bengaluru: Even as they grapple with uncertainty, startups must continue to review business strategies and introduce new products and services that could generate revenue in the near term, say investors.
Apart from stressing on conserving cash at present, venture capital firms are also advising their portfolio firms to focus on innovation.
Sudhir Sethi, founder and chairman of VC firm Chiratae Ventures, said that his firm is encouraging startups to look at new business models, new revenue models, new products and services. "More than 50% of our portfolio companies have