Karnataka sees 72% decline in startup investments as funding winter looms large Traxcn report – The Print

This trend of lower inflows into startups has accompanied an overall sharp decline in such funds into India, exacerbating the funding winter that continues to hurt homegrown companies, it said. In 2023, startups in Karnataka received a total funding of $3.4 billion as against $12.2 billion in 2022, according to data intelligence and private market research firm Traxcn Technologies.