Updated: May 04, 2023, 01:32 AM IST
team mint
Video report on the state of startup funding … MoreThe video reports on the state of startup funding in India, highlighting the significant decline in deal volume to a nine-year low in February 2022. The data shows that just one startup received funding every ten hours during the month, compared to a peak of every three hours a year ago. As India crosses the milestone of having 100 unicorns during 2021, concerns over skyrocketing valuations as tech peers in developed markets get re-rated have a domino effect on tech ventures in the country. Investor caution is on the rise as many startups are facing severe financial crisis, many others have to shut down operations or merge with their peers. It is believed that startups in India will need innovative solutions and collaboration among stakeholders to overcome these challenges. #Startupindia #Startupecosystem #indianeconomy #startupfunding #angelinvesting #venturecapital #mint Click here to download Mint App https://livemint.onelink.me/MrDS/p0kx3pdg