Investors flock to small town 'desi' startups as funding surges
Investors are increasingly turning their attention towards small-town startups in India, with 90% of startups in 2023 emerging from Tier-II and Tier-III cities. These startups received around 22% of the total funding, and 44% of investors have made investments in these cities.
Adrija Agarwal Mpayal Jain Nirmala Sitharaman Vinayak Kamath Startup India Initiative National Entrepreneurship
Source: livemint.com