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💰Startup founders expect improved funding in 2024: Nasscom💶


🤑Nasscom predicts improved funding, increased public listings, and a rise in profitability trends in the overall ecosystem for the upcoming year.

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According to a survey report by Nasscom and Zinnov, only 46% of Indian startup founders anticipate an improvement in the funding environment in 2024.

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The report highlights a promising outlook for firms concentrating on deep tech solutions within this favorable scenario.

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The previous year witnessed a significant downturn in startup funding, marking the lowest deal volumes in 5 years, with a 48% drop compared to 2022.

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The survey indicates that 60% of startup founders are optimistic about experiencing revenue growth in 2024.

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Investors have shifted their focus from large-value deals to encouraging sustainable profitability and optimizing expenditures, particularly for B2B tech startups, rather than prioritizing rapid growth and valuation.


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