Sanjeev Bikhchandani, the founder of Info Edge, observes that the market is hesitant to invest in startups that are operating at a loss.

Sanjeev Bikhchandani, the founder of Info Edge, emphasized the ongoing caution among investors towards startups that are not yet profitable unless they demonstrate a clear path to profitability. Recent years have seen a string of underwhelming IPOs from such companies, leading analysts to scrutinize their valuations and performance. Bikhchandani expressed skepticism about the public market's willingness to embrace loss-making startups, particularly after the market correction in 2022, unless they can offer a transparent projection of future profits over the next few years.