India Deal Review: Startup fundraising hits 4-month low at $1.2b in Jan

India Deal Review: Startup fundraising hits 4-month low at $1.2b in Jan

The Golden Temple in Amritsar, India. Photo Unsplash

The new year failed to cheer up the Indian startup ecosystem as venture investments in the country hit a four-month low at $1.15 billion in January amid deepening funding woes and massive tech layoffs. The funding was raised across 100 private equity and venture capital transactions, according to proprietary data compiled by DealStreetAsia.

Edited by: Joymitra Rai