Reflections 2023: Mute 2023 for Telangana startups – The Hans India
In the first half of 2023, Hyderabad stood sixth among the top 10 cities with only 14 startups able to raise funds, whereas the city ranked fifth in 2022 with total 37 deals closed in H1 of 2022. According to an Entrackr report, in the January to March quarter (Q1) of 2023, edtech startup NxtWave raised $33 million, the third highest in the list of early stage deals.