Funding in Indian startups shrinks by more than half

We are getting a more realistic update on the startup funding landscape in India, and as is true elsewhere, all the figures are in red in the South Asian market.
Indian startups raised $3 billion in the quarter that ended in September, down 57% from the previous quarter and 80% year-over-year, market intelligence platform Tracxn said in a report Tuesday. The figures are remarkable for many reasons, the most obvious being that startups are finding it difficult to raise capital at a time when most top tier funds in India — Sequoia India and Southeast Asia, Lightspeed Venture Partners, Acce

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