startup founders are stepping down from their companies, driven by personal and professional challenges, TOI has reported.
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These reasons range from disagreements with co-founders, loss of passion for the original vision, time constraints, and increasing market pressures. Amid the ongoing funding slowdown and rising competition, these exits reflect the difficulties and opportunities within the changing startup ecosystem.
High-profile departures, like those of Dunzo and PharmEasy founders, have highlighted the tough times many startups face due to funding shortages and operational struggles. Last year, Unacademy co-founder Hemesh Singh and Upgrad co-founder Mayank Kumar also left their roles in their respective companies.
«One of the biggest reasons why we have seen founders in the Indian startup ecosystem splitting up is because the company has some shift in its path and has subverted its vision,» TOI quoted Siddharth Pai, founding partner at 3one4 Capital, as saying.
Market experts say these departures are part of the startup ecosystem's natural evolution. Founders today are more willing to accept when their ventures are no longer viable or aligned with their goals. Unlike the earlier startup boom, when perseverance was seen as a virtue, today’s founders are more