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#MCTech3 | The 2024 A-Z startup guide from Moneycontrol is here, Unsecured lending comes back to bite fintech NBFCs and more - 🎯 One quick thing: CTO, CMO exit Ola Electric In today’s newsletter: ✅ Unsecured lending haunts Fintech NBFCs ✅ Crypto’s Trump card ✅ 2024 A-Z… https://t.co/fD7rp1WfpJ
🚨ETtech Top 5 | @sriramk & anti-India hate; can’t spell iPhone without India Also in the letter: ■ Seed funding declines ■ @RBI warns of cyber risks ■ GCCs to increase hiring @Apple https://t.co/dbRlYNslnN
A to Z of 2024 wrap by @moneycontrolcom Tech & Startup team! 🚀💡 Do read 👇 @chandrarsrikant https://t.co/uKdwnOnS5m
India's electric vehicle (EV) sector has experienced a notable decline in funding, with total investments dropping from $934 million in 2022 to $586 million in 2024. This reduction in financial backing comes amid a broader trend of slowing EV funding in the country. Despite the decrease in funding, the EV market in India has reportedly achieved record sales in 2024, even as subsidies were cut. The current economic climate has also seen other sectors, such as cloud kitchens, showing signs of recovery, while challenges persist for startups in securing investments.