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Indian Startups Facing Worst Slowdown 😮
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Indian Startups Facing Worst Slowdown 😮
Total funding in the first quarter of this year has reduced by more than 75% compared to last year.
Unlike US and China, Indian startups are hugely dependent on foreign capital.
Also, Indians are getting poorer. According to Blume Venture’s report, if you leave the top 30 million households, consumption has actually dropped sharply.
And so people, including foreign investors, are realizing the fact that the target market for most startups is just around 100 million and not 1.4 Billion.
#business #money #startup #entrepreneurship #company #enterprise #indianstartups #india #funding #unicorn #investing #founder #wealth #motivation #businessideas #success #slowdown #recession
Total funding in the first quarter of this year has reduced by more than 75% compared to last year.
Unlike US and China, Indian startups are hugely dependent on foreign capital.
Also, Indians are getting poorer. According to Blume Venture’s report, if you leave the top 30 million households, consumption has actually dropped sharply.
And so people, including foreign investors, are realizing the fact that the target market for most startups is just around 100 million and not 1.4 Billion.
#business #money #startup #entrepreneurship #company #enterprise #indianstartups #india #funding #unicorn #investing #founder #wealth #motivation #businessideas #success #slowdown #recession
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