Venture capitalists are facing challenges in startup selection as the landscape shifts dramatically. Over the past decade, advancements in software development have significantly reduced costs and time requirements, leading to inflated valuations from previous years and concentrated capital. This trend has resulted in fewer unique startups emerging, prompting calls for solutions such as creating more emerging fund managers and encouraging diverse founders. Additionally, while venture capital funding in India surged to $9.2 billion across 984 deals from January to October 2024—an increase of 44.4% from the previous year—there are concerns about the sustainability of this growth. Reports indicate that although valuations in Q3 2024 are higher than in 2023, the number of funding rounds has declined, raising questions about the future of venture capital investments and the potential for another wave of fraud similar to that seen in 2020-2021.