The Funding Detox

According to global startup analytics firm CB Insights – India's funding ecosystem saw a 46% fall in in the 4th quarter of 2015, compared to the previous quarter. Their latest report says funding to Indian startups dropped a further 60% in the second quarter of 2016. But this'funding-detox' is giving way to better startups – more space to grow. It isn't stopping people from starting on an entrepreneurial journey and the investors too think there has never been a better time to start-up. Upside of funding drying up is that "hobby entrepreneurs" with nonsensical ideas are retreating and real entrepreneurs are getting a fair hearing.