'Corporate growth plateauing...' - Zerodha's Nithin Kamath on startups, funding - See full post

Talking about the tussle in the financial markets, Nithin Kamath, founder of Zerodha tweeted Today, “Corporate growth, in both the public and private markets, seems to be plateauing across most sectors. 

Even in the private markets, in most cases, valuations in the earlier funding rounds were already far over the fundamental value or expected growth of startups, which is why there's hardly any news about funding for later-stage startups.” 

What else did Kamath say?

Kamath wrote about the global economy where India is growing in an uncertain global environment coupled with high valuations of companies. The market is absorbing uncertainties of global tensions like Israel-Palestine war, U.S elections, etc. “The standout this quarter, according to Motilal, is the financial sector, particularly BFSI (Banking, Financial Services, and Insurance), with projected earnings growth of 11% year-over-year.” he said in a Zerodha blog. 

Take on other industries

The blog also said that October’s GST collections reached Rs 1.87 lakh crore, reflecting 9% growth and signaling economic resilience. This trend could support further government investment in infrastructure and boost confidence in growth. India’s global share in exports like petroleum, gemstones, and sugar has surged, solidifying its position in key markets and showcasing its expanding export strength. Lastly, there’s the strength of retail participation. Domestic retail investors have become a key support for the market, with local inflows outpacing foreign ones by a 5.5-to-1 margin in recent years.