In indications that investors were getting increasingly cautious while funding for start-ups in India, there has been a sharp dip in the number as well as the value of such deals in the start-up space in the first quarter of 2017 in comparison to the previous year. The number of deals have seen a…
Tag: Nita Kapoor
Mumbai start-ups see 44% decline in funding in one year, reveals data
Mumbai, which spawned a bunch of high-profile startups like Housing.com and attracted millions of dollars in investor capital over the past few years, registered a 44% decline in funding deals in 2016, even as Pune managed to buck the slowdown. Mumbai struggled as its startup epicenter Powai saw …
Big setback for start-ups in India, investment plunge 44% in 2016: Study
Investments in start-ups declined significantly in volume (28%) and value (44%) in calender 2016. The deal sizes got smaller as angel and early-stage funding dominated and late stage funding took a backseat, said VCCEdge in its year-end analysis. In 2016, start-ups witnessed a 44.3% decline in in…