Investors are pulling out all stops to ensure that their portfolio start-ups utilise the capital to its fullest potential while practising fiscal responsibility to avoid excessive burn rates
Early-stage deals accounted for 57 per cent of the total funding in the first half of 2023 (H1 CY23) in volume terms, said the report titled, “Startup Perspectives - H1 CY23”
The dedicated funds had invested $6.2 billion in May 2022 and $7.4 billion in the preceding month of April 2023, representing a dip of 44 per cent and 52 per cent, respectively, as per the report by industry lobby IVCA and consultancy firm EY