Indian startup funding hits 5-year low — $7 billion in 2023, down 73% from 2022 – CNBC TV18

Funding for Indian startups has dropped to a five-year low in 2023, with a total of $7 billion having flowed into the ecosystem so far this year, according to data from Tracxn. This marks a significant decline of nearly 73% compared to the $25 billion funding recorded in 2022.