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VC funding into Indian startups drops 65% in 2023 but fundamentals remain strong: Report yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.
During 2023, growth and late-stage startups chose to defer fundraising, and investors took their foot off the gas pedal owing to rising interest rates, leading to the number of mega rounds (those over $100 million) falling to only 15, compared to 48 in 2022. ....
SVB was the largest lender to some of the biggest names in the tech sector, unicorns, and other startups. Its fallout during the time when funding winter has intensified comes as a drawback for these startups. Cockroach startups come into focus! ....