<ul><li>Karnataka's tech start-ups reported a 46% YoY drop in funding for Q1FY25.</li><li>Seed stage funding decreased by 14% compared to the previous quarter and by 5% compared to the same quarter last year.</li><li>Early stage funding increased by 34% compared to the previous quarter, but dropped by 14% compared to Q1FY24.</li><li>Late stage funding saw a significant drop of 48% compared to the previous quarter and a 60% drop compared to Q1FY24.</li></ul>

Karnataka’s tech start-ups see 46% on-year drop in funding, no new unicorns

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