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Startup Funding in India Drops 33% To $24 Billion in 2022: PwC Report

Startup Funding In India Drops 33% To USD 24 Billion In 2022: Report

Funding for Indian startups dropped by 33 per cent to USD 24 billion in 2022 as compared to the previous year though it was nearly double the amount recorded in 2019 or 2020, said a PwC India report today.

Indian startup funding dropped by 33%, may become normal after 2-3 quarters

Funding for the Indian startups in CY22 was nearly $24 billion, a drop of 33 per cent in comparison to CY21 but was still more than twice the funds raised in CY20 and CY19 each, a report showed on Wednesday.Early-stage deals accounted for 60-62 .

Start-up funding hits two-year low in Q3 CY22 at $2 7 billion in India: PwC India Report

According to the PwC India report "Startup Deals Tracker - Q3 CY22," start-up funding in India hit a two-year low of $2.7 billion across 205 deals in the third quarter of fiscal year’22. 

Indian startups must brace for a long funding winter: Flipkart CEO

Indian startups must brace for a long funding winter: Flipkart CEO
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