Indian Start-Up Funding Drops By 62% in 2023: Reports
India's startup funding plummeted by 62% in 2023, reaching Rs 66,908 crore, down from Rs 1,80,000 crore in the previous year. The 'Startup Deals Report 2023' revealed a 72% decrease in deal volume. Only two startups achieved unicorn status in 2023, compared to 23 in 2022. . Fintech dominated funding trends, followed by SaaS and agritech.