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Economy and Finance

Economy and Finance

Start-up funding in India down by 33% to $24 billion in CY2022: Report

11 Jan 2023 Zinkpot 144

 Business Line - Funding for Indian start-ups in CY22 was nearly $24 billion, a drop of 33 per cent in comparison to CY21 but was still more than twice the funds raised in CY20 and CY19 each, according to a report by PwC India. The report titled, ‘Startup Deals Tracker-CY22’ showed that funding of the late-stage deals in CY22 witnessed a decline of 52 per cent. The average ticket size in growth-stage deals was $43 million and late-stage deals were $94 million during CY22. Read more
 

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