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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

Topics
Venture Capital | fundings | China

Surajeet Das Gupta 



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

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

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First Published: Thu, October 13 2022. 11:14 IST

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