{"id":830113,"date":"2024-07-06T10:08:30","date_gmt":"2024-07-06T04:38:30","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=830113"},"modified":"2024-07-06T10:21:10","modified_gmt":"2024-07-06T04:51:10","slug":"indias-fintech-funding-plummets-amid-global-slowdown-tracxn-report","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/06\/indias-fintech-funding-plummets-amid-global-slowdown-tracxn-report\/","title":{"rendered":"India\u2019s fintech funding plummets amid global slowdown: Tracxn report"},"content":{"rendered":"<p>The fintech sector recorded funding of $795 million in 2024, a decline of 11 per cent and 59 per cent compared to $896.7 million raised in H2 of 2023 and $1.93 billion in H1 of 2023, respectively, according to report by market intelligence platform Tracxn.<\/p>\n<p>However, fintech ecosystem achieved a significant milestone in H1 2024, ranking among the top three funded globally alongside the US and UK. Despite this achievement, the sector has faced substantial funding challenges.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The fintech sector recorded funding of $795 million in 2024, a decline of 11 per cent and 59 per cent compared to $896.7 million raised in H2 of 2023 and $1.93 billion in H1 of 2023, respectively, according to report by market intelligence platform Tracxn. However, fintech ecosystem achieved a significant milestone in H1 2024, ranking among the top three funded globally alongside the US and UK. Despite this achievement, the sector has faced substantial funding challenges.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-830113","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/830113","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=830113"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/830113\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=830113"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=830113"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=830113"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}