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India's startup funding declined 15% in 2022, with late-stage deals seeing the sharpest drop.

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A report by Bain & Company indicates that startup funding in India fell by 15% in 2022 compared to the previous year. The decline was most pronounced in late-stage funding rounds. The report also noted a significant decrease in the number of new unicorns created during the year. This cooling follows a period of exceptionally high investment activity in 2021.

Read the full story at Economic Times

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India's startup funding declined 15% in 2022, with late-stage deals seeing the sharpest drop. · ShortSingh