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Ongoing funding winter is a blessing in disguise for India’s start-up ecosystem: Kunal Bahl

Business Today

· 10m
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Kunal Bahl, co-founder of Acevector Group & Titan Capital, views the current funding slowdown in India's startup ecosystem as a positive development. He believes the "funding winter" will benefit startups by trimming excess and leading to a leaner, more robust ecosystem. Overseas funding had surged in recent years but declined since mid-2022 due to interest rate hikes in major economies. Funding in India dropped by 77% in January-July 2023 compared to the same period last year. Bahl cites successful Indian startups' growth and scaling ability as vital factors in weathering these changes.

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