Is The Great Indian Startup Funding Party Coming To An End?

 Hammered markets, increased interest rates by the Fed, unabated war – reasons enough to develop cracks in the funding ecosystem for startups 44 startups turned unicorn in 12 months of 2021 while 15 have attained this coveted status in the first three months of 2022. Many would believe that the momentum continues. But deeper analysis paints a different picture.

Sample this: Ride-hailing app Ola, which was planning to get listed on the bourses this year, is now planning to raise a new round of funding at a lower valuation. This will likely be the first down round of a large Indian unicorn after the boom last year.

Read more : https://www.outlookindia.com/business/is-the-great-indian-startup-funding-party-coming-to-an-end--news-189617