The quantum of funding has remained flat at $3.9 billion in the first five months of this year. However, the good news is that it has not dropped as much as it did in the past few quarters.
There were 465 deals this year, compared to 758 reported in the same period last year, according to data from Tracxn, a market intelligence platform. “The current investment landscape is undergoing a strategic shift. Investors are now prioritising startups capable of delivering a return on capital employed that surpasses their expected return on investment, creating substantial value for shareholders and founders alike,”