startup funding: Startup hikes may shrink as funding slows

Bengaluru/New Delhi: Startups are likely to become more circumspect about pay hikes in 2022 amid a slowdown in large-sized funding rounds and job cuts at some companies. A gradual drying of the funding tap, geopolitical tensions and a slump in the valuation of high-profile startups after listing have made the scenario less sanguine.

“A lot of projections that were made earlier this year were based on sentiments in November-December and have