Startups funding declines 33% YoY to ₹2,400 cr in CY22: PwC
However, the domestic start-ups raised funds more than twice in CY22 against ₹1,090 crore in CY20 and ₹1,280 crore in CY19.
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PE-VC investments fall 29% to $46 billion in 2022
The count of mega deals—transactions amounting to over $100 million, dropped to 111 in 2022, compared to 152 in 2021.
A Happy New Year for startups? Not really
Companies on path to profitability are increasingly evincing interest from investors. These companies work hard on unit economics, gross margins, contribution margins, ROIs on spends.
Startup funding declines 35% YoY to $24.7 bn in 2022
The number of funding rounds has dropped by 30% to 1,841 so far this year from 2,647 seen in the Jan-Nov period last year, according to a report by Tracxn
Hiring by startups down 61% amidst funding squeeze
The hiring of new permanent employees by startups has dipped by as much as 61% in the last year, according to the Annual Insights Report published by RazorpayX Payroll.
The Rise of India’s Emerging Companies
Fortune India’s Next 500 event brought together companies which have shown growth in difficult times.
‘Disruption, chaos good for companies who rise to the occasion'
Disruption creates the space for providing new solutions, where fast-moving start-ups can gain ground compared to the structure-heavy MNCs, experts say.
Entrepreneurial capability unleashed in past 5-8 years, new opportunities on rise: Scindia
A lot of start-ups are coming from tier-2 and tier-3 cities, as opposed to being centred in metro cities, emphasised Jyotiraditya Scindia.
Byju's can't go slow; agility is key: Divya Gokulnath
Byju's roadmap includes going deeper into India with more regional languages, and explore the prospect of becoming a global player, says co-founder Divya Gokulnath.
Tech for manpower: We’ve only just begun
How humans will use tech as an enabler could define sustainability in the future. What, however, does this mean for industry?
