Overview

The startup ecosystem has not only witnessed a funding winter over the past year, it also saw many known startup failures and regulatory challenges. A recent report by 1Lattice indicated that there has been a significant slowdown in the volume and value of funds raised by Indian startups. Here's what it said:

Startups in India raised approximately USD 5.1 billion across 226 deals (early to late stages) in Q2 CY23, signaling a slowdown in amount of about 66 per cent and volume (about 36 per cent) as compared to Q2 CY22, revealed a recent report by 1Lattice.

Click here to read the full article on BFSI by Economic Times