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Get latest articles and stories on Business at LatestLY. Mumbai (Maharashtra) [India], February 3: The event also marks the launch of The Digital Fifth's Accelerator Program. It will provide a launchpad for innovative startups seeking funding in angel, pre-series, or series A rounds through its accelerator program. Aimed at tapping the ever-evolving banking and financial services ecosystem, the second edition of Bharat Fintech Summit will focus on the growth of enterprise Fintech and the digitization of retail and SME financing in India by 2030. Business News | The Digital Fifth'...

India’s startup ecosystem witnessed a significant downturn in VC funding during the January-November 2023 period

India Business News: India's startup ecosystem continues to face a funding winter, with startups in India raising $6.9 billion across 1,013 VC funding deals during January

India continues to rank among top five markets for VC funding activity globally and in fact, accounts for 5.4% of the total number of VC funding deals that were announced between January-October 2023 timeframe.

The Indian venture capital (VC) landscape has witnessed a significant downturn in 2023, recording a 38.6 percent decline in deals