Business Standard

VC funding in India down 30 per cent in 2022: Venture Intelligence

The funding of late and growth-stage startups slowed down as private market investors became more cautious amid rising interest rates and fears of recession

funding
Premium

Representative Image

BS Web Team New Delhi
As compared to record highs of 2021, venture capital funding of startups in India fell 30 per cent in 2022. The startups picked $23.95 billion as of December 28 this year. In 2021, this was $35.46 billion, a report in the Economic Times (ET) said, citing data from Venture Intelligence. 

The funding of late and growth-stage startups slowed down as private market investors became more cautious amid rising interest rates and fears of recession. The funding of Series D and above halved to $11.70 billion in 2022 from $24.91 billion in 2021. The number of late-stage deals fell from 177

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Dec 29 2022 | 10:03 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com