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Over the past couple of months, the venture capital firm has knocked on doors in vain. Is its obsession with growth to blame?
Slowing growth, weakening store metrics and a puzzling fundraise point to the retailer losing some of its post-Zudio sheen.
Peak XV Partners is in a pickle. The loss of much of its senior India leadership has thrown up a familiar venture capital conundrum: how do firms reward and retain top performers in a business where a few big wins end up carrying the entire fund?
How well rural consumption is doing is subjective. What isn’t subjective is how growing indebtedness, combined with stagnant income growth, is creating a tinderbox for households, banks and consumer companies that no one is talking about.