India’s technology startups have set a new record for the highest-ever venture capital funding, with over $35 billion raised in the first half of 2023, according to a report. This milestone surpasses the previous peak of $29 billion in 2021 and highlights India’s growing importance as a technology hub. The surge in venture capital funding is driven by the rising popularity of digital payments, e-commerce, and fintech services in the country.
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