The US Federal Reserve’s intention to lower interest rates has raised hopes for further investments in startups as the Indian ecosystem witnessed a steady inflow of venture capital (VC) funding. In the third week of March, startups secured a total of USD 225 million across 20 deals, signaling a positive trend that has been consistent since late February. With key players like Perfios, Shadowfax, and Capillary Technologies making significant deals, investors are showing a keen interest in sustainable business models. Notable transactions include Pocket FM securing USD 103 million, Ultrahuman raising USD 35 million, and Jumbotail raising Rs 151 crore (USD 18.2 million). Dvara KGFS, Optimo Loan, and Liquidnitro Games also received substantial funding, contributing to the growing momentum in the startup landscape.
US Startup Investment Surges as Fed Plans Rate Cut
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