- Rajas Saroy, Ashish Khobragade, Rekha Misra, Sakshi Awasthy, and Sarat Dhal wrote the essay.
- According to the report, their growing integration into global supply chains and banking may raise macroeconomic and financial stability concerns.
- The National Investment Promotion and Facilitation Agency reports that as of September 2022, there were 107 unicorns with a combined valuation of $341 billion.
- The top three cities in India with the most unicorns are Bengaluru (Karnataka), Gurugram (Haryana), and Mumbai (Maharashtra).
- It's important to monitor foreign money flows and the resulting changes in managerial control.
- Establishing international financial services centers will aid the onshoring of such investments. The creation of International Financial Services Centers may aid in the onshoring of such investments, and there are additional ways to finance start-ups. Investors growing interest in technology, defence, and health.
- Startups founded in 2020 and 2021 appear to be doing better at raising capital, particularly those in cutting-edge industries like fintech, edutech, and investors’ growing interest in industrial applications of artificial intelligence.
- According to the authors, policy attention is expected to turn to foster an environment that will enable startups to expand more quickly and receive funding from private investors.
Question:
Q.1 According to a paper in the Reserve Bank of India (RBI) January 2023 bulletin, which of the following best describes the anticipated recovery of start-up fundraising in India?
a. Slow and steady recovery over the next five years
b. Immediate and significant recovery
c. No recovery, as the market remains unstable
d. None of the above
a. Slow and steady recovery over the next five years
b. Immediate and significant recovery
c. No recovery, as the market remains unstable
d. None of the above