Global venture funding experiences significant drop, impacting startup ecosystem. Seed-stage struggles and challenges for all funding stages. Read more.
AI startups in India continue to see bullish investors, with VC investments up to 15% of total funding in 2023. Despite economic challenges, interest in AI remains high.
Indian startups face a funding drought as new-age companies raised just $103M across 17 rounds in the last seven days, marking an 85% decrease from last year. Bengaluru-based pet food-maker Drools led the funding activity this week with $60M. Seed and early-stage funding stood at $12.8M and $30M, respectively, while late-stage startups saw no activity. Despite the drop, investors remain on the hunt for innovative startups with new business models.
Global venture funding experiences significant drop, impacting startup ecosystem. Seed-stage struggles and challenges for all funding stages. Read more.
Indian startups raise $174m this week, with late-stage funding accounting for 78%. Lenskart, Indifi Technologies, Everest Fleet, and Basic Home Loan among recipients.
Indian startups face a funding drought as new-age companies raised just $103M across 17 rounds in the last seven days, marking an 85% decrease from last year. Bengaluru-based pet food-maker Drools led the funding activity this week with $60M. Seed and early-stage funding stood at $12.8M and $30M, respectively, while late-stage startups saw no activity. Despite the drop, investors remain on the hunt for innovative startups with new business models.