More than 50% of funding raised by U30 startups goes to product, expansion: Hurun report

More than half of the capital raised by India's leading under-30 entrepreneurs is being deployed towards product development and market expansion, reflecting a growing focus on building sustainable businesses, according to a report released on Wednesday. "But what truly sets this generation apart is not the scale of capital they have raised; it is the discipline with which they are deploying it. Over 50% of all funds raised are going directly into product development and market expansion," said