Funding for Indian Startups Hit a Seven Year Low in the December Quarter of 2023: Report – The Wire

New Delhi: In the December quarter of 2023, funding for startups hit a seven-year low, as they received the lowest equity investment since the underwhelming performance observed in the third quarter of 2016. As of December 5, the fourth quarter of 2023 saw the lowest equity investment received by new age ventures since the terrible performance in the third quarter of 2016, Mint reported, citing data from research platform Tracxn.