ETtech Deals Digest: Big-ticket funding for Indian startups far from sight

Indian startups are facing the brunt of the ongoing tech winter and severe macroeconomic conditions gripping the West. It has been months that any Indian startup has raked in investment in triple digits million. This week was no different as global funding has dipped drastically and the overall funding environment is not very conducive to wooing big private equity (PE) funds or venture capitalists (VC) to pump in heavy investments.