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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
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