Startups raise funding for various reasons that are essential for their growth and success. Firstly, funding provides the necessary capital to support and accelerate the growth of startups. It enables them to invest in expanding their operations, hiring talented individuals, and scaling their business. By securing funding, startups can seize opportunities, penetrate new markets, and establish a competitive edge in their industry. Additionally, funding plays a crucial role in product development, allowing startups to invest in research and development, prototype creation, testing, and launching their offerings. This financial support empowers startups to bring their innovative ideas to life and deliver…
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