Indian Tech Startup Funding Report 2023

About the report
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.
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 fro...
$10 Bn+
Total Funding Raised In 2023
$2.2 Mn
Median Ticket Size Of Investment
Ecommerce
Sector With Most Deals
1.5K+
Total Number Of Active Investors Participating
2
New Unicorns Minted In 2023
123+
Mergers and acquisitions
report summary







Table of Contents
- Indian Startup Funding: 2023 In Review
- The Rise Of India's Digital Economy
- The State Of Indian Startup Economy
- Indian Startup Landscape
- India Vs US Vs China: A Comparison
- Indian Startup Launches
- Indian Startup Funding Trends
- Sector-Wise Analysis & Trends
- Stage-Wise Analysis & Trends
- Geographic Trends
- Gender Diversity: The State Of Startup Funding
- Valuation Markdowns
- The State Of Startup M&As
- Startup Funding: Investor Participation Trends
- Startup Fund Launches Of 2023
- The State Of Unicorns & Soonicorns
- The State Of New Age Tech IPOs
- The Pulse Of Tech: Inc42’s Annual Investor & Founders Survey
- Trends & Predictions For 2024