Early-stage funding in India drops in Q1 of 2023: Report

  • Early-stage funding in India decreased in Q1 of 2023.
  • Funding totaled $844 million, with a 4 percent decrease compared to Q4 of 2022.
  • Late-stage rounds in Q1 of 2023 saw funding of $1.8 billion, meaning a decline of 79 percent compared to Q1 of 2022 and a 23 percent drop compared to Q4 of 2022


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