Top-level attrition rises in Indian startups in 2023 compared to previous years

  • Nearly 20 startup CEOs have left their roles within the first eight months of 2023, with top names including DealShare, BharatPe, upGrad, boAt, and Flipkart Health+.
  • Changes at the top were due to either joining a new firm or transitioning roles within the same company, at times amidst financial troubles or layoff issues.
  • Though a few were facing legal issues, several CEOs stepped into new roles within their companies, indicating the need for stronger governance and internal controls in startups.
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