VC funding in India down by more than half to $7.8 billion in 2023
Indian startups went through a harsh funding winter during 2023, resulting in a massive drop in venture capital (VC) activity, with the impact being more prominent in terms of value, which fell by more than half compared to 2022. A total of 1,085 VC funding deals worth $7.8 billion were announced...
India startups raise US$6bn VC funding in first two months of 2022
India remains the second biggest market in the Asia-Pacific (APAC) region for venture capital (VC) investments after China with US$6bn disclosed funding value, reveals GlobalData, a leading data and analytics company.
An analysis of GlobalData’s Financial Deals Database reveals that a total of 314 VC funding deals were announced in India during the period.
Some...
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India unveils budget in wake of COVID slump, proposes doubling healthcare spending
By Manoj Kumar and Aftab Ahmed, Reuters News
NEW DELHI - Unveiling an annual budget...
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Hotel industry must adopt proactive approach to drive sustainable growth,
urges HOFTEL CEO
Hoteliers need to do more than slash rates to support long-term...