Tough times ahead for first-time fundraisers in India as investors stretch every dollar

Tough times ahead for first-time fundraisers in India as investors stretch every dollar

Mumbai, India. Photo by Sonika Agarwal on Unsplash

The number of Indian startups raising capital for the first time hit a four-year low in 2022 as investors turned cautious amid a challenging macroeconomic environment and global market volatility. And this year could turn out to be even more difficult for first-time fundraisers, according to some venture investors DealStreetAsia spoke with.

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