Infosys co-founder Narayana Murthy’s office warns on startup valuations

Narayana Murthy’s Catamaran Ventures has flagged concerns about inflated valuations in the Indian startup ecosystem, revealing that many are being sold at significant discounts. Funds are offloading investments due to the end of their investment cycles, as profitability remains elusive for many ventures. Narayana Murthy’s Catamaran Ventures has flagged concerns about inflated valuations in the Indian startup ecosystem, revealing that many are being sold at significant discounts. Funds are offloading investments due to the end of their investment cycles, as profitability remains elusive for many ventures.