Nikhil Kamath's funding message for startups
Zerodha co-founder Nikhil Kamath expressed his support for startups to raise capital immediately, replying with a '100' emoji to a warning that next year could be a difficult one for fundraising. In a social media post on X, user Aravind advised founders and companies to rapidly seek capital, stating that this was likely the best time to do so, as it would provide enough cash to remain financially comfortable for one to two years.
Kamath urged these companies to be diligent in their spending and park the money in liquid assets. He concluded with a blunt statement: Next year could be bad.
Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
