استمتع بـUnlimited مع Magzter GOLD

استمتع بـUnlimited مع Magzter GOLD

احصل على وصول غير محدود إلى أكثر من 9000 مجلة وصحيفة وقصة مميزة مقابل

$149.99
 
$74.99/سنة

يحاول ذهب - حر

Karnataka Startup Funding Plunges

February 06, 2025

|

The Daily Guardian

Regulatory uncertainty in the run-up to the Lok Sabha elections, coupled with rising inflation, geopolitical conflicts and disruption of supply chains, among other factors, fuelled startup funding volatility in India last year, with Karnataka among the hardest hit, according to startup funding tracker Tracxn.

- TDG NETWORK

Karnataka Startup Funding Plunges

Showing "signs of slight recovery", overall, the Indian startup ecosystem raised $11.6 billion in funding in the Calendar Year (CY) 2024, Tracxn said. This, it said, was a 5.4 percent increase from the $11 billion reported in 2023.

By comparison, according to Tracxn's Karnataka Tech Annual Report 2024, the startup hub raised $3.7 billion, registering a 24 percent decline in funds raised by seed, early and late-stage startups from 2023, when it raised $4.9 billion. It was also a staggering 68 percent fall in funding compared to the $11.7 billion raised in 2022.

Tracxn said that "various macroeconomic headwinds such as rising inflation, geopolitical conflicts, disruption of supply chains across industries, and changes in political leadership, among others have made the market conditions substantially volatile for investments".

Among domestic factors, it said, "post-election uncertainty in the regulatory front, and complicated taxation structures, among others," have impacted the startup ecosystem in India.

Despite this, Karnataka, along with Maharashtra and Haryana, was among the states with the top funding states in the Indian tech startup ecosystem.

المزيد من القصص من The Daily Guardian

The Daily Guardian

Assam blockade cripples supplies; fuel dries up in Dibrugarh

The economic blockade imposed by the Moran community entered its fourth day on Thursday, choking vital supply lines and stranding hundreds of trucks carrying fuel and essential goods along NH-37 and NH-315A in Assam’s Tinsukia district.

time to read

1 min

September 20, 2025

The Daily Guardian

The Daily Guardian

ABVP sweeps DUSU polls, HC slams poll violations

The BJP-affiliated Akhil Bharatiya Vidyarthi Parishad (ABVP) secured a decisive victory in the Delhi University Students’ Union (DUSU) elections on Friday, clinching three ofthefourtop posts, including President, Secretary, and Joint Secretary.

time to read

1 mins

September 20, 2025

The Daily Guardian

Terror strike in Manipur's Bishnupur: Two Assam Rifles personnel dead, five injured

Two Assam Rifles personnel, including a Junior Commissioned Officer, were killed and five others injured in a terrorist ambush at Nambol Sabal Leikai in Manipur’s Bishnupur district on Friday evening.

time to read

1 min

September 20, 2025

The Daily Guardian

Rahul Gandhi accuses EC, BJP of 'vote theft'; BJP hits back

Congress leader Rahul Gandhi on Friday accused the Election Commission (EC) and the Bharatiya Janata Party (BJP) of colluding in large-scale “vote theft”, triggering a sharp counterattack from senior BJP leaders who dismissed his claims as lies and dangerous rhetoric.

time to read

1 mins

September 20, 2025

The Daily Guardian

The Daily Guardian

ECI DELISTS 474 MORE POLITICAL PARTIES, ACTION AGAINST 359

The Election Commission of India (ECI) on Friday delisted 474 Registered Unrecognised Political Parties (RUPPs) for failing to contest any election over the past six years. With this, the total number of RUPPs removed from the official registry has risen to 808 in the last two months.

time to read

1 mins

September 20, 2025

The Daily Guardian

The Daily Guardian

India weighs Chabahar sanctions fallout, monitors Saudi-Pakistan pact

India on Friday said itis “examining the implications” of the United States’ decision to revoke the sanctions waiver on Iran’s Chabahar Port project, even as it responded to the Saudi Arabia-Pakistan defence pact and reaffirmed support to Nepal’s new interim government.

time to read

1 mins

September 20, 2025

The Daily Guardian

Tejashwi distances RJD from Rahul's 'vote theft' push

The Rashtriya Janata Dal (RJD) is distancing itself from Congress leader Rahul Gandhi's “vote theft” campaign, with Tejashwi Yadav choosing to focus his Bihar Adhikar Yatra on local issues and Chief Minister Nitish Kumar rather than Prime Minister Narendra Modi.

time to read

1 min

September 20, 2025

The Daily Guardian

The Daily Guardian

Russia launched 90 drones: Volodymyr Zelenskyy

Ukrainian President Volodymyr Zelenskyy on late Thursday night (Friday in India) accused Russia of carrying out a massive overnight drone assault, launching nearly 90 UAVs across several regions, and urged stronger international measures to push Moscow toward diplomacy.

time to read

1 min

September 20, 2025

The Daily Guardian

Shah assures all possible help, holds talks with CM Dhami over phone

Union Home Minister Amit Shah on Friday held a telephonic conversation with Uttarakhand Chief Minister Pushkar Singh Dhami regarding the recent disaster in the state and the progress of ongoing relief and rescue operations.

time to read

1 mins

September 20, 2025

The Daily Guardian

Singer Zubeen Garg dies in scuba diving accident in Singapore

Popular Assamese singer Zubeen Garg, best known nationwide for the hit track Ya Ali, died on Friday following a scuba diving accident in Singapore. He was 52.

time to read

1 mins

September 20, 2025

Listen

Translate

Share

-
+

Change font size