Long winter: Startup funding at 2-year low in July-Sept quarter
Funding in India hit a two-year low of $2.7 billion during Q3CY22, according to estimates by PwC.
funding winter
October 2022
September 2022
July 2022
Amid massive job cuts, Byju's raises $250 mn from existing investors
Ed-tech major Byju's says it has adopted a "three-pronged" approach to achieve its plan of group-level profitability by March 2023.
Startup VC funding up 9.7% at $995 mn in Aug
August managed to reverse the decline in fundraising, despite a 2.3% fall in deal volume; apart from India, VC funding also rises in China.
Startups' funding winter to continue for next 12-18 months: Report
Despite the funding winter, edtech unicorn UpGrad raised another big round of $210 million funding in August .
Startup funding drops by a third in April-June quarter
Total fundraising declined 33% to $6.9 billion in the April-June period.
