Funding Winter Grips Indian Startups as VC Deals Plunge 37.9% to USD 7.8 Billion in 2023 – Opportunity India
Startups in India secured a total of USD 7.8 billion through 1,085 venture capital (VC) funding deals announced from January to December 2023, according to a report by GlobalData. This marks a substantial 37.9 per cent decrease in terms of VC funding deals volume compared to the announcement of 1,748 deals during 2022.