scorecardresearchStart-up funding ecosystem getting corrected, focus on a profitable growth good for the industry: Marico's Mariwala

Start-up funding ecosystem getting corrected, focus on a profitable growth good for the industry: Marico's Mariwala

Updated: 03 Jul 2022, 11:32 AM IST
TL;DR.
Now, most of the funders are saying I just do not want to look at growth, but I also want to see when will you start contributing to the bottom line, which is a good development, Mariwala said.
Pune-based BiofuelCircle, digital platform for green fuels, creating a farm-to-fuel ecosystem, announced $0.75M in their second round of seed funding. (REPRESENTATIVE IMAGE)

Pune-based BiofuelCircle, digital platform for green fuels, creating a farm-to-fuel ecosystem, announced $0.75M in their second round of seed funding. (REPRESENTATIVE IMAGE)