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Indian start-ups money for little: Here's a look at ecosystem's finances

Funding raised by start-ups in H1 2023 was $5.4 billion, down 71.5 per cent compared to $19 billion raised in H1 2022

funding winter
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Shivani Shinde Mumbai

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The Indian start-up ecosystem has been facing the brunt of a so-called funding winter. 

Funding raised by start-ups in H1 2023 was $5.4 billion, down 71.5 per cent compared to $19 billion raised in H1 2022. 

Here is a look at the ecosystem’s finances. The period taken is January­­ 1 to June 27, 2023.