Followed by Delhi NCR, positioned on the second spot by bagging $1.9 Bn in funding across 123 deals, while startups in Mumbai stood at 77 deals, at $1.4 Bn.
While Hyderabad and Pune surprised the ecosystem with a 329% and 653% YoY surge in deal count and funding amount, respectively.
The SME IPO index touched a new all time high today at 69,603.62 level. April has seen an almost 30% increase in the index thus far. Despite regulatory worries about valuations  and manipulations in some counters the index managed to rebound. The resurgence of interest in SMEs comes after a weak time in March during which the index dropped 10.8% following the chairperson of the Securitie.
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Former President Donald Trump has repeatedly asserted that the world was a more peaceful place during his tenure. However, his own national security advisers have a different take on the matter. What Happened: The Wall Street Journal article highlights that during Trump’s presidency, the world witnessed several conflicts and near-crises, including Iran’s attacks on U.S. personnel.
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The U.S. economy is on the brink of a dreaded period of stagflation, a scenario where inflation rises and growth stalls, according to two economic experts. The U.S. economy’s first-quarter GDP growth rate of 1.6% was significantly lower than the expected 2.5%, reported Business Insider. This is a worrying sign as it indicates a slowdown from previous quarters.
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