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Indian startup funding declined by 72% in H1 2023 compared to the same period last year, with $5.5bn in total funding. The number of funding rounds also decreased. However, India is still a fast-growing economy with potential for growth, particularly in the electric vehicle sector. ....
A growing number of successful Indian start-ups are moving to Silicon Valley to tap into the American market. In the last few years, hundreds of enterprise software SaaS companies have been moved to the US by their Indian founders and CEOs. Indian internal software sales are estimated to be between $10bn and $20bn, Rangaswami says, so the internal market is not large enough. , Industry News, Times Now ....
India has recognized 92,683 startups since the launch of the Startup India initiative, according to government statistics. While venture capitalists are a preferred source of funding for many, some startups rely on fintech lending to bootstrap their companies. ....
Pluckk's acquisition of KOOK is seen as a move to tap into the growth potential of the meal kit market, with the global market projected to grow from $15.21 bn in 2021 to $31.5 bn by 2025, a 20% CAGR. ....
Indian Unicorn Startups News: Check out the latest news and updates on Indian startup, top startups news from the world, latest news updates on unicorn startups, announcements, mergers & acquisitions, fundings, govt policies & initiatives, investments from the world and Indian Startup Ecosystem. ....