BENGALURU: As venture funding slows down, startups seem eager to sell themselves off. This is showing up in a surge in mergers & acquisitions (M&As). In July, there were as many as 36 M&As, almost twice that in June and about three times the January and February numbers, according to data from startup research firm Xeler8. The second quarter of this year saw three big distress sales - FabFurnish, Jabong and Hiree. Data from Tracxn, another startup research firm, also shows a significant increase from the...
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