“Gratuitous startups which burn money for no real reason or solve real problems — they will be the first ones to perish,” — Gopal Srinivasan, the founder, chairman and managing director of TVS Capital Funds.
- A few sectors will bounce back faster, but some will take longer and will need massive changes, said Srinivasan
- In its third fund, TVS Capital Funds has invested in companies like Go Digit General Insurance, Suryoday and Leap India
- Srinivasan estimates that India will suffer a GDP loss of up to INR 4 Lakh Cr per week due to the pandemic