$3 Bn

Zero

Of Indian VCs Voted High Difficulty In Raising Growth-Stage Capital

Key Highlights

The Indian startup ecosystem has been a hub of innovation and investment, attracting significant capital infusion from both domestic and international investors and garnering global attention in recent years.

However, the first quarter of 2023 witnessed a sharp decline in investments, with total capital raised dropping by a staggering 75% compared to Q1 2022.

Despite this setback, Indian startups were still able to raise a substantial $3 Bn in Q1 2023, which is consistent with the $3 Bn range recorded in the previous two quarters (Q4 &amp; Q3 2022).

Indian Tech Startup Funding Report Q1 2023