The Rise of Profitable-First Startups: Why Burn-Rate Flex Is Dead in 2025
Is the “profitability over growth” shift among Indian startups actually reflected in real company financials, or is it mostly narrative? It’s real, but messier and slower than the clean success stories suggest. Shiprocket took until FY25 — not FY23 — to post its first full year of positive cash EBITDA, after cutting its cash burn […]






