BLUME VENTURES
Asia / India1 views1 min
Indian startups are struggling to secure funding as investors become cautious after the Paytm crisis. The funding drop for Indian startups is steeper than for their US and Chinese counterparts, despite Prime Minister Modi's efforts to promote the sector.
Indian startups face funding challenges. Investors are cautious after Paytm's crisis. Funding has dropped more than in the US and China. Prime Minister Modi supports startups. Vanguard reduced Ola Cabs' valuation. Investors warn against risky business models.
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