- Cripla
- January 15, 2023
- 1004
The Russia-Ukraine war amid a global economy recovering from the pandemic has resulted in supply-chain issues around the world. These have led to uncertainties rising globally, with climbing inflationary pressures and recessionary phases looming in the majority of economies around the world. As a result, startup funding has seen a downward trend in even the biggest startup hubs around the world, with a projected year-on-year decrease of 30%, from USD 630 Bn in 2021 to a forecast of USD 439 Bn in 2022.