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Telangana startups see 78% drop in funding in 2023: Report

Hyderabad: According to Tracxn Geo Annual Report of 2023, tech startups in Telangana raised $99.2 million dollars in 2023, witnessing a sharp drop of 78%

Karnataka tech startup ecosystem received a total funding of $3.4 billion in 2023: Report

Despite unicorn births, US fintech funding fell 36% in 2023

N 2023, the US FinTech startup ecosystem, ranking as the highest-funded globally, experienced a decline in funding compared to the previous year.

With record dry powder, VCs face shortage of quality late-stage companies; see potential revival in 2024

VC funding in tech start-ups in 2023 plummeted by 72 per cent to just $7 billion, compared with the previous year’s $25 billion.

UK Fintech Funding Cratered For 2nd Year In A Row: Report

Funds for fintech cos hit 3-year low at $2 bn

Fintech funding in India declined by 63% in 2023, reaching a total of $2 billion. Only five rounds surpassed the $100 million mark. The decline is attributed to high borrowing costs and challenging macroeconomic factors. InCred was the only unicorn in 2023.

Total start-up funding drops 35% in 2022; fintech, edtech among worst hit sectors: Report

Funding to fintech and retail sectors decreased 41% and 57% respectively this year compared to the same period in 2021, says ‘Tracxn Geo Annual Report: India Tech 2022’