Tracxn: Indian startups raised $3B in Q3 2022, down 57% from Q2 and 80% YoY, in 334 deals, down from 674 in Q3 2021; Crunchbase: global funding dropped 53% YoY (Manish Singh/TechCrunch)
Manish Singh / TechCrunch:
Tracxn: Indian startups raised $3B in Q3 2022, down 57% from Q2 and 80% YoY, in 334 deals, down from 674 in Q3 2021; Crunchbase: global funding dropped 53% YoY — We are getting a more realistic update on the startup funding landscape in India, and as is true elsewhere, all the figures are in red in the South Asian market.