The number of new start-ups founded in 2019 was 5,462, 35 percent down from 2018, the report said.

Edtech startup Unacademy has raised funding of $110 million from new investors Facebook and General Atlantic along with Sequoia India, Nexus Venture Partners, Steadview Capital, and Blume Ventures. Kalyan Krishnamurthy, CEO, Flipkart, and Sujeet Kumar, co-founder, Udaan also participated in this round of funding.     

The travel OTT space has seen many startups coming and going. Only a handful survived, and IXIGO is one of them. Bored from doing mundane jobs, and not getting dream roles after finishing their studies, Alok Bajpai and Rajnish Kumar had started their new venture in 2007. Twelve years down the line, IXIGO, a company the two founded, is turning profitable. Startup Street talked to the co-founders about their journey, the pivots, and on their financials.

Growth in consumer demand has bottomed out but it will pick up from now'--- that's the word coming in from Rajnikant Sabnavis, the CEO of Future Consumer on the demand outlook. In an exclusive conversation with CNBC-TV18's Priya Sheth he also talks about their three year roadmap with Amazon.