India’s startup ecosystem has been one of the biggest success stories in the global innovation economy. From tech unicorns to new-age D2C brands, the past decade has seen extraordinary entrepreneurial momentum. But as the ecosystem matures, some growing pains have become more visible—especially around financial discipline and long-term sustainability.
The recent insolvency plea against GlobalBees, and earlier financial troubles at BYJU’S, have sparked important conversations about how even well-funded and celebrated startups are navigating today’s tighter capital environment. These developments aren’t signs of collapse—but of evolution. And they underline…