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More than 28,000 Indian startups have closed in the last two years

1. What factors contributed to the job cuts in the tech industry in January 2024?

Massive startup shutdowns in India Over 28,000 Indian startups have shut down in the past couple of years (15,921 in 2023; 12,717 in 2024) amid correction in funding. The number of new startups being launched is also falling.

28,000+ Indian startups shut in 2 years — a 12x spike. That's horrible 🔻🔻🔻 Premature scaling, market saturation & lack of right time funding are killing dreams before they mature. What’s going wrong in our startup ecosystem? Too much hype, not en

The year 2025 has delivered a reality check for India’s startup ecosystem. On one side, there are success stories of unicorns, IPOs, and innovation-led growth. On the other, a rising wave of closures has shown how fragile many ventures remain. After

Indian Startups Raise Over $44 Million in Recent Funding Round: EPACK Prefab Leads the Charge Between December 23 and December 27, 2024, Indian startups collectively raised over $44 million across various sectors, with EPACK Prefab leading the way b

Following an 'extended' funding winter, the year 2024 has proven to be no less than a rollercoaster ride for Indian startup so far Notably, the first half (H1) of the year saw a decline in mergers and acquisitions (M&As) due to various macro and mic

Over 40 startups in India secured approximately $787.28 million in funding from December 9-14, 2024, with notable contributions from Amazon, which pledged $120 million for digitizing manufacturing

Too many funding announcements today. This week is going to be big in terms of startup funding. In May, Indian startups raised 1.3 billion dollars, the highest amount this year. Do you think the funding winter for Indian startups is coming to a