Indian startup financing fell by 33% and may return to normal within 2-3 quarters

According to a report released on Wednesday, funding for Indian startups in CY22 was approximately $24 billion, a 33% decrease from CY21 but still more than twice the amounts raised in CY20 and CY19, respectively.

Early-stage acquisitions amounted for 60-62 percent of overall capital in fiscal years 21 and 22. (in volume terms). According to PwC India, the average ticket amount per contract was $4 million.