Investors spent much of 2016 cleaning house. And a VC tells Ranju Sarkar: "There's still some bad news left in the portfolios (of VC firms). What happens to Ola and Flipkart will drive sentiment in future." IMAGE: Start-up funding fell 58 per cent in 2016 to $2.93 billion, down from $6.93 billion in 2015, according to VCCEdge. Photograph: Reuters. After vying with each other to invest in start-ups at high valuations in the past few years, investors spent much of 2016 in cleaning up ... Rediff.com, 1 month ago
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