20% decline in Indian startup funding in Aug

  • The month of August for startups in India was a tough one as funding rounds declined 20 percent when compared with July 2022.
  • To be sure, the funding winter has hit startups across stages in India, whether it is growth-stage companies unable to raise new funding, or early-stage startups that have to settle for lower-than-expected valuations and fund sizes.

[Via]