Indian Tech Startup Funding Report 2023
Since 2022, the Indian startup ecosystem has experienced a significant correction from its 2021 peak. In 2023, total funding reached $10 Bn+, representing a 60% drop from 2022 and a sharp 76% fall from the peak in 2021. Notably, this is a seven-year decline in funding for the Indian startup ecosystem. Mirroring the funding trends, investor participation in 2023 also saw a decline from the previous year. Over 1,500 startup investors were involved this year, a 37% decrease from the more than 2,400 recorded in 2022.
Indian Tech Startup Funding Report 2023