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CHART: Startup funding in India plummeted in the first half of 2023

In the first half of 2023, the Indian startup ecosystem faced funding challenges, experiencing a significant decline to $6 billion compared to the $20 billion raised in the same period last year. The funding landscape comprised 96 growth/late-stage deals worth $4.48 billion and 417 early-stage deals totaling $1.

Emmanuel Oyedeji profile image
by Emmanuel Oyedeji
CHART: Startup funding in India plummeted in the first half of 2023
Photo by rupixen.com / Unsplash

In the first half of 2023, the Indian startup ecosystem faced funding challenges, experiencing a significant decline to $6 billion compared to the $20 billion raised in the same period last year.

The funding landscape comprised 96 growth/late-stage deals worth $4.48 billion and 417 early-stage deals totaling $1.54 billion, according to recent data by Entrackr.

Emmanuel Oyedeji profile image
by Emmanuel Oyedeji

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