CHART: Indian Agritech Startups Experienced a 45% Funding Decline from FY22 to FY23
The global funding winter has cast its shadow on India's investment landscape. Despite a flourishing FY22, where global agri-tech startup investments soared to unprecedented levels, FY23 has ushered in a correction – mainly due to global interest rate hikes and a surge in investor caution, fostering a more measured investment climate.
India's agri-tech sector, mirroring this global trend, experienced a remarkable investment boom in FY22, marking its most successful year with substantial venture capital funding, amassing a total of $1.279 billion. However, FY23 brought a stark reversal, aligning itself with the broader global decline in agri-tech investments.
This post is for subscribers only
Sign up to read the post and as well as all other member only posts. Subscribing only takes a few seconds and will give you immediate access.
Already have an account? Log in
Get unlimited access to tech news and data delivered to your inbox weekly.
You've successfully subscribed to Techloy
Great! Next, complete checkout to get full access to all premium content.
Welcome back! You've successfully signed in.
Success! Your account is fully activated, you now have access to all content.
Error! Stripe checkout failed.
Success! Your billing info is updated.
Error! Billing info update failed.