Indian Startups Raise $1.2 Billion in January Despite Layoffs

  • Despite a funding winter and tech companies laying off a part of their workforce, Indian startups raised over $1 billion in January.
  • According to data compiled by Fintrackr, more than 100 startups obtained funding in January.
  • These companies raised funds from venture capital firms, angel investors, and private equity firms.
  • The funding was spread across a variety of sectors, including healthcare, edtech, and fintech.
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