India notifies IT rules to establish fact checker for 'government business' content; Startup funding continues to fall

India yesterday notified changes to its information technology rules that now require all intermediaries — such as social media platform providers and internet services providers — to rely on a government-backed fact check unit concerning any content related to "government business," according to an official statement. Also in this brief, Q1 of calendar 2023 saw startup funding continue to fall, according to data from Tracxn