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The PE-VC investment figures for the first nine months of 2023 at $23.6 billion (across 542 deals) came in 38% lower compared to the same period in 2022 (which saw $38.1 billion being invested across 1,141 deals).
From 2022 to date, approximately 95 startups have laid off nearly 31,965 employees, according to Moneycontrol's layoff tracker, as they aim to reduce expenses and prioritise profitability.
During the meeting with DPIIT officials, industry participants highlighted tax authorities’ reluctance to understand the valuation and revenue mismatch in high-growth startups
Indian cuisine hasn’t reached many millions of its prospective clientele despite its global potential. Till date there is no recognisable global brand offering Indian cuisine despite our delectable range of foods, talented culinary artists, and no paucity of capital
News and developments from the week gone by, through numbers and charts.