Pune startups witness 70% dip in funding in 2023 – The Indian Express

The year 2023 saw, among other things, startups across the country complain of funding getting slow. For Pune, the year saw an almost 6570 per cent dip in funding which incidentally many in the industry have called as course correction. With corporate governance and issues of ethics coming to surface of many so-called Unicorns, fund managers are increasingly wary of investing in startups and are looking for customers, profitability, etc before investing.