VCCircle | 06 October 2023
The Indian startup ecosystem, which saw record investments in 2021 at $42 billion, is currently going through a funding winter, with many companies struggling to raise fresh capital. Despite this, several venture capital and private equity funds have secured commitments to the tune of several billion dollars from limited partners.
Speaking on the sidelines of VCCicrcle’s The Pitch event in Delhi, Merak Ventures Partner Sheetal Bahl said that the presence of this massive dry powder will encourage more people to pursue their entrepreneurial aspirations.