Stricter due diligence adding to India's funding slowdown
In 2021 and the first half of 2022, term sheets were being signed after even 3-4 weeks of due diligence, which has increased to six months now.
Source: dealstreetasia.com
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Top News In Venture Intelligence Today - Breaking & Trending Today
Why are Indian startups struggling to find funding?
Only 182 Indian startups managed to raise funding in the March quarter, compared with 422 a year ago
Source: qz.com
Sunrise sectors in Indian startup ecosystem to shine in 2023
After a muted year in terms of funding, 2023 promises to be a reset in terms of sectors which are likely to attract investments.
Source: yourstory.com
India's 1K Kirana lays off 40% employees
The company calls the move a part of its restructuring.
Source: dealstreetasia.com
Digital lending faces the heat amid funding winter
Even a few years ago, digital lending was seen as a pathway to profitability for Indian fintech companies
Source: livemint.com