Indian startups raised $732 Mn in January amid layoffs, shutdowns and top level exits – Entrackr
The first month of the year saw the Indian startups continuing to grapple with the so-called funding winter with a steep decline in monthonmonth funding inflow. Now well over a year old, January saw mass layoffs, a couple of companies shutting down, and a bunch of top-level exits kept the ecosystem on edge. In all this, Bhavish Aggarwalled AI startup Krutrim stood out by becoming a unicorn in a record time.