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Over 2,000 new-age tech cos shut shop this year

By Aman Rawat

  • 30 Dec 2022
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Over 2,000 new-age tech cos shut shop this year
Credit: 123RF.com

Indian startups faced a challenging year, with 2,404 of them shuttering in 2022, more than double the 1,012 that had shut shop in the previous year, according to data from Traxcn. About 266 startups that shut down this year were funded by venture capital, angel investors, family offices or institutional investors. ......

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