There are signs of a slowdown in fundraising activity in the Indian start-up ecosystem this calendar year. According to KPMG’s Venture Pulse report, VC investments in the country declined sharply to $7.9 billion across 300 deals in Q1CY22, from $10.65 billion across around 400 deals in Q4CY21.
Still, the March 2022 quarter number VC investment figure was much higher than the $3.35 billion (across nearly 100 deals) in Q1CY21.
Rising commodity prices, tightening interest rate environment, and geopolitical uncertainty emanating from the Russia-Ukraine war are likely to continue to weigh on investors’ decision while investing in Indian start-ups but liquidity in the