VCs Wane, Alternatives Gain: Velocity Deploys over INR 600 Cr to Empower D2C and Ecommerce Firms
VC funding surged from 2019 to 2021, hitting an all-time high at 22.5 Bn USD, then sharply fell to USD 3.8Bn in H1 CY23. Despite this slowdown in VC funding, D2C and eCommerce GMV in India continue to grow by 41% YoY. Alternate financiers stepped up to fill th




