Vc Funding: VC Funding for Startups Falls 63% to $9.6bn | Mumbai News
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VC funding for startups falls 63% to $9.6bn
Indian startups received $9.6 billion from VC funds in 2023, down 63% YoY. Funding for generative AI soared to $250 million from $15 million. Analysts expect rebound in B2C commerce and software & SaaS sectors due to structural tailwinds and startups’ efficient operations.
Investing in mutual funds? Here’s how many funds you should have in your portfolio
Wealth managers advise mutual fund investors to diversify portfolios with equity savings, target maturity, small-cap, ELSS, passive index, technology, and geographically diversified funds for effective goal achievement.
Investments by our funds not part of $100 billion FDI pledge: Norway minister
Norway’s investments in India will bring economic growth and a new way of doing business. The investment promotion commitment will balance the reduction in customs duty. India’s sustainability commitments align with international obligations. The agreement will facilitate technology transfer and support India’s energy transition goals.