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Indian startups' funding fell 77% YoY in Jan-July period: Report
short by Mansi Agarwal / on Monday, 31 July, 2023
Venture capital and private equity funding in Indian startups dipped about 77% year-over-year in the first seven months of 2023, Moneycontrol reported citing data from Venture Intelligence. Startups reportedly raised $4.4 billion between January and July this year, while the figure stood at $19.3 billion a year ago. The report noted that startups secured 344 funding deals till July 2023.
read more at Moneycontrol