Investors prioritize ESG performance over financial viability in startups, promoting responsible business activities. Startups are advised to incorporate environmental and social aspects early to attract better investments.
More startups are expected to turn profitable in the coming months, said investors and analysts. After a record funding of $42 billion that startups attracted in 2021, investments into startups declined to a seven-year low of $8.2 billion in 2023. Late-stage or bigger startups bore the brunt of this decline, with funding having dropped to $4.2 billion during the year from over $15 billion in 2022, estimates shared by market research firm Tracxn showed.
Startups Funding: The Israel Venture Capital (IVC) Research Center and LeumiTech said fundraising in quarter up until Dec. 26 dipped 15% from the third quarter but 75 deals were done. The war began on Oct. 7.
IIT Madras: The Intelligence Platform conveniently centralises various government-sponsored start-up schemes, making them easily accessible to entrepreneurs.