Business Standard

India's share in venture capital funding falls sharply; China surges ahead

The decline in Q3 CY2022 is even sharper on a year-on-year basis

Illustration
Premium

VC funding in India in Q3 CY2022 fell to a ten-quarter low to just $2.8 billion for 387 deals

Surajeet Das Gupta
India saw a decline in its share of total venture capital funding that went to Asia in Q3 calendar year (CY) 2022, compared to the previous quarter. On the other hand, China gained market share despite the internal crackdown on tech companies and apprehensions of PE funds.

Based on data analysis by CB Insights, India's share of venture capital funding in Q3 CY2022 fell by nearly half to 14 per cent (of total VC investment of $20.1 billion) compared to 22 per cent in Q2 (of total VC investment of $29.8 billion). Yet during the same period, China's share of

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

First Published: Oct 13 2022 | 11:14 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