Startup story set for better script in new year after unicorns, funds fall in 2023 devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.
Startups with sustainable business models as well as the well-capitalised ones are expected to weather the current turmoil. And the horizon in 2024 is expected to be "exciting" as well as "challenging".
Funding winter and corporate governance woes separated the men from the boys in the country s startup space in 2023 that saw funds into the segment tapering to just around $8 billion.
All said, investors are hopeful of strong growth of the maturing startup ecosystem in the new year.
Edtech and health tech segments that grew exponentially during the pandemic plunged into an abyss of financial uncertainties, with several firms shuttering their business, and valuation of prominent players like BYJU S and PharmEasy plummeting 85-90 per cent.
Startup story set for better script in 2024 after a bleak 23 thenorthlines.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenorthlines.com Daily Mail and Mail on Sunday newspapers.
Ultimate Kho Kho: Defending champions Odisha Juggernauts kick off Season 2 with win over Rajasthan Warriors orissapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orissapost.com Daily Mail and Mail on Sunday newspapers.