ETtech Deals Digest: Indian startups suffer from funding frostbite, raise $5.5 billion in the first half of 2023

The funding landscape for startups witnessed a 72% drop compared to the previous year. In H1 2022, $19.5 billion was raised across 1,576 funding rounds. And in comparison to the second half of 2022, when the funding winter took hold, investments have further declined by 23%.