Pandemic Fallout: Startup Funding Down 29% In First Six Months

by Abhishek Kaushik Jul 09, 2020 • 05:38 PM Views 966

Along with the way of living, coronavirus pandemic has also changed the way of business. A report by data analytics firm Tracxn shows that the funding for startups has fallen by 29% in the first six months of this year due to the lockdown. This funding was $ 5.9 billion in the first quarter of last year, which has now fallen to $ 4.2 billion.