VC funding in Indian startups sinks to a 6-year low in November
Startups in India recorded about $7.05 billion in funding till November, down 71 percent from $24.36 billion in 2022
Source: moneycontrol.com
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Scott Shleifer stepping down a blow but Tiger zinda hai in India, say founders and VCs
According to data from Venture Intelligence, Tiger Global has been part of 228 deals worth $21 billion along with other investors in Indian startups since 2015. It has funded 38 of 103 unicorns in the country.
Source: moneycontrol.com
VC funding plunges 40% YoY in October to $625 million as downcycle continues
Investors continue to sit on money as they adopt a wait-and-watch approach. However, early-stage remains top priority for many investors.
Source: moneycontrol.com
affinity petcare: Affinity Petcare to invest 20% revenues on marketing
Affinity Petcare has entered the India market in partnership with pet foods and products maker Scientific Remedies. The company has first launched Affinity Advance, the flagship brand of Affinity Petcare in India, a market that is forecasted to touch $1,932.6 million by 2030.
Source: indiatimes.com
AWS Decreases Its Cloud Service Price 129 Times Since Inception Amitabh Nagpal - BW Businessworld
With the decreasing price of cloud services, SaaS startups were the most benefitted among all. In 2022, Amazon has provided almost USD 1 billion in credits through the AWS Activate program to support startups' growth and scalability, , AWS Cloud, AWS India, saas, Amitabh Nagpal
Source: businessworld.in