Funding winter persists: Indian start-ups suffer in 2023's first half


Content Team
Image Credit: NewsBytes

The funding winter that arrived last year in India is still here. It has only become worse over the past few months. In the first seven months of 2023, start-up funding in the country fell by 77% compared to the same period last year. According to Venture Intelligence, start-ups received $4.4 billion in PE/VC funding compared to $19.3 billion a year ago.