78% eye bright funding future in 2024
The Business Guardian|January 20, 2024
In a survey conducted by venture debt firm InnoVen Capital, findings reveal that despite the lowest funding for startups in seven years in 2023, most founders are optimistic about the funding landscape in 2024.
78% eye bright funding future in 2024

The survey indicates that 85% of founders expect to raise their next funding round at a higher valuation this year.

Notably, 68% of those who attempted fundraising in 2023 reported a favourable experience, though slightly lower than the 71% recorded in 2022.

The report highlights sector-specific variations in optimism, with Enterprise/SaaS, DeepTech, and e-commerce founders reporting the most favourable funding experiences.

SaaS and Fintech founders stand out as the most optimistic, while EdTech and consumer/D2C founders express more pessimism about the 2024 funding environment. A significant portion of founders (60%) aims to target private equity and strategic investors for their upcoming fundraising rounds, with family offices and venture debt also on their radar.

Regarding hiring expectations in 2024, the report states that 61% of company founders in India anticipate the pace of hiring to either remain the same as in the previous year or slightly decrease. The survey, based on insights from founders across various sectors such as fintech, SaaS, D2C, logistics, e-commerce, and health tech, underscores the nuanced challenges.

Diese Geschichte stammt aus der January 20, 2024-Ausgabe von The Business Guardian.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der January 20, 2024-Ausgabe von The Business Guardian.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS THE BUSINESS GUARDIANAlle anzeigen
LG direct for immediate appointment of 2,346 Home Guards
The Business Guardian

LG direct for immediate appointment of 2,346 Home Guards

Delhi Lieutenant Governor, Vinai Kumar Saxena has directed for the immediate appointment of 2,346 Home Guards, who have qualified for their Physical Measurement and Efficiency Test (PMET) and written test, even as other vacancies amounting to 7,939 await outcome of two pending court cases, said an official statement from Lieutenant Governor office on Tuesday.

time-read
1 min  |
November 13, 2024
'Discoms colluding with AAP for windfall gains'
The Business Guardian

'Discoms colluding with AAP for windfall gains'

The Delhi BJP on Tuesday submitted a memorandum to Lieutenant Governor VK Saxena, calling for an investigation into alleged financial irregularities in the power distribution companies, or discoms.

time-read
1 min  |
November 13, 2024
Delhi faces unusually high temperatures in Nov
The Business Guardian

Delhi faces unusually high temperatures in Nov

This year, however, daytime temperatures have not fallen below 30 degrees Celsius, with the lowest recorded so far at 31 degrees Celsius.

time-read
1 min  |
November 13, 2024
SUPREME COURT DIRECTED PUNJAB GOVT, SEC TO NOTIFY MUNICIPALITY ELECTIONS IN 2 WEEKS; TO BE COMPLETED IN 8 WEEKS THEREAFTER
The Business Guardian

SUPREME COURT DIRECTED PUNJAB GOVT, SEC TO NOTIFY MUNICIPALITY ELECTIONS IN 2 WEEKS; TO BE COMPLETED IN 8 WEEKS THEREAFTER

The Supreme Court in the case The State of Punjab and Ors. Versus Beant Kumar And Anr modified the Punjab and Haryana High Court order which directed that Punjab municipality elections be notified within 15 days.

time-read
2 Minuten  |
November 13, 2024
HC pulls up Delhi Govt Finance Dept for delayed funds to Asha Kiran
The Business Guardian

HC pulls up Delhi Govt Finance Dept for delayed funds to Asha Kiran

During the hearing, the bench expressed strong disapproval, stating, \"The urgency is not impressed upon you... 14 people have died... You should have called the MCD official and asked him the queries.\"

time-read
2 Minuten  |
November 13, 2024
Govt. distributes heaters to curb winter pollution and help night workers
The Business Guardian

Govt. distributes heaters to curb winter pollution and help night workers

The Aam Aadmi Party (AAP) government has launched a campaign to distribute electric heaters to night security guards in an effort to reduce air pollution in Delhi.

time-read
1 min  |
November 13, 2024
The Business Guardian

OVER 2.7 LAKH VEHICLES FINED FOR LACK OF PUC SINCE JAN 1

Delhi Traffic Police has issued over 2.70 lakh challans to vehicle owners for driving without a pollution under control (PUC) certificate between January 1 and October 31 this year, the highest in three years, official data showed.

time-read
1 min  |
November 13, 2024
AAP TO CONDUCT SURVEY FOR ALL SEATS
The Business Guardian

AAP TO CONDUCT SURVEY FOR ALL SEATS

Ahead of the polls, Kejriwal and other senior AAP leaders are holding gatherings at the district level to prepare the party workers for campaigning. No matter who contests on AAP ticket, the party workers should think as though the former chief minister was fighting on all the 70 seats and should have their allegiance to him only, Kejriwal has said.

time-read
1 min  |
November 13, 2024
The Business Guardian

MCD fines Rs 2.69 cr for violations of dust pollution norms

The Municipal Corporation of Delhi (MCD) has issued fines amounting to Rs 2.69 crore for violation of dust control norms during construction and demolition (C&D) activities between April and October this year, according to official data.

time-read
1 min  |
November 13, 2024
Supreme Court Dismissed Man's Petition To Deactivate 'Machine' Controlling His Brain: 'Bizarre'
The Business Guardian

Supreme Court Dismissed Man's Petition To Deactivate 'Machine' Controlling His Brain: 'Bizarre'

The Supreme Court in the case observed and has dismissed a petition filed by a man who alleged that his brain was being controlled by other persons through a machine.

time-read
1 min  |
November 13, 2024