cxo voice
  • Home
  • Technology
    • AI
    • Cloud
    • Telecom
    • Data Center
    • BPM
    • Blockchain
  • Finance
    • Banking
  • Cyber Security
  • View Points
  • Leaders Talk
  • News
  • Press Release
    • Submit Press Release
No Result
View All Result
  • Home
  • Technology
    • AI
    • Cloud
    • Telecom
    • Data Center
    • BPM
    • Blockchain
  • Finance
    • Banking
  • Cyber Security
  • View Points
  • Leaders Talk
  • News
  • Press Release
    • Submit Press Release
No Result
View All Result
Leaders Talk and Latest Tech News | CXO VOICE
No Result
View All Result
Home News

Startup Funding in India dropped by 33%: Report 

IANS by IANS
January 11, 2023
Startup Funding in India dropped by 33%: Report 

Image source: Pixabay

Funding for the Indian startups in CY22 was nearly $24 billion, a drop of 33% compared to CY21 but was still more than twice the funds raised in CY20 and CY19 each, a report showed on Wednesday. 

Early-stage deals accounted for 60-62% of the total funding in CY21 and CY22 (in volume terms). The average ticket size per deal was $4 million per deal, according to the PwC India report.

“With significant dry powder waiting to be invested, it seems likely that the funding scenario will begin to normalise after 2-3 quarters,” said Amit Nawka, Partner-Deals and India Startups Leader, PwC India.

He added that many startups are using this time to tighten operating models and optimize their cash runway by deferring discretionary spending and investments.

The software-as-a-service (SaaS) segment witnessed an increase of 20% in funding values during CY22 compared to CY21 and accounted for nearly 25% of all funding activity.

Growth and late-stage funding deals accounted for 88% of the funding activity in CY22 (in value terms).

ADVERTISEMENT

The average ticket size in growth-stage deals was $43 million, and late-stage deals were $94 million during CY22.

Bengaluru, Delhi-NCR and Mumbai account for nearly 82% of total Indian startups. 

The report mentioned that about 28% of the startups in the top three cities have raised more than $20 million.

Also Read: Technology remains the main driver for insurance companies to scale and grow in 2023

IANS

IANS

For any query, [email protected]

Related Posts

mimik and Tech Mahindra
AI

mimik and Tech Mahindra Launch Agentic AI Production Center to Revolutionize Autonomous AI Development

July 2, 2025
Hinshaw
People

Genpact Welcomes John M. Hinshaw to Board of Directors

July 2, 2025
LTIMindTree GCC
News

LTIMindtree Introduces GCC-as-a-Service for those who want to set up Global Capability Centers

July 1, 2025
TM Forum and Huawei
Press Release

TM Forum and Huawei Jointly Released Two Standard Reports:  AI for BSS and Software Marketplaces Reference Architecture

June 30, 2025
HCLTech OpenAI
Business

HCLTech Partners with OpenAI to Accelerate Generative AI Adoption for Enterprises

June 30, 2025
L&T Technology Services and thyssenkrupp
Business

L&T Technology Services and thyssenkrupp Steering Business Unit Partner to Establish a Global Software Hub

June 30, 2025
Business

Ericsson Strengthens ASIC Development in India with Major R&D Expansion

June 27, 2025
Osaka Sakai Data Center
Technology

HPE and KDDI Partner to Launch Osaka Sakai Data Center for AI Innovation by 2026

June 26, 2025
Load More
ADVERTISEMENT

Latest Updates

mimik and Tech Mahindra

mimik and Tech Mahindra Launch Agentic AI Production Center to Revolutionize Autonomous AI Development

by News Desk
4 minutes ago

Hinshaw

Genpact Welcomes John M. Hinshaw to Board of Directors

by Deepa Sharma
44 minutes ago

LTIMindTree GCC

LTIMindtree Introduces GCC-as-a-Service for those who want to set up Global Capability Centers

by Deepa Sharma
17 hours ago

TM Forum and Huawei

TM Forum and Huawei Jointly Released Two Standard Reports:  AI for BSS and Software Marketplaces Reference Architecture

by News Desk
2 days ago

HCLTech OpenAI

HCLTech Partners with OpenAI to Accelerate Generative AI Adoption for Enterprises

by Deepa Sharma
2 days ago

L&T Technology Services and thyssenkrupp

L&T Technology Services and thyssenkrupp Steering Business Unit Partner to Establish a Global Software Hub

by News Desk
2 days ago

Expert Views

Opinion

When AI Empowers Both Networks and Hackers: The New Battlefield for India’s Telecoms

May 20, 2025
Molly Sands AI
AI

AI RIP: 5 Things Knowledge Workers Will Say ‘Sayonara’ to in the Next Decade

March 8, 2025
multi cloud
Cloud

Multi-Cloud Made Simple: Strategies for Smart Business Management

March 5, 2025
Soft Skills
Opinion

Soft Skills and Technical Know-How: A Winning Combination in the Tech Industry

March 4, 2025
Digital Freedom
Cyber Security

Your Data, Their Gold: The Silent Battle for Digital Freedom

February 25, 2025

Get Latest Update

Subscribe to our mailing list to receives newsletter direct to your inbox!

ADVERTISEMENT

Leaders Interviews

Steve Wilson, GenAI Cybersecurity LLMs
Cyber Security

How effective is GenAI in cybersecurity? The role of LLMs and AI in security solutions. [Interview with Steve Wilson]

-
Interview on Counterfeit products with Nikhil Narayan
Leaders Talk

Advancements in ML & AI made it possible to detect counterfeit products in real-time, says Nikhil Narayan

-
Newgenone bridges the gap between business users and IT teams with its low code capability: Varun Goswami
Leaders Talk

Newgenone bridges the gap between business users and IT teams with its low code capability: Varun Goswami

-
AI chatbots, Prasanna-Kumar
Leaders Talk

Can AI chatbots enhance customer experience and reduce the cost of serving customers?

-

Entrepreneur

Samsung Electronics appoints its first female president

Inspiring Women Entrepreneurs in India (2022)

Technology Adoption For Entrepreneurs

Volunteering management is the need of the Hour

CXOVoice.com is a leading online publication for CXOs, entrepreneurs, senior leaders, developers, and industry professionals. Our coverage spans key sectors, including IT, technology, banking, finance, cybersecurity, engineering, and automobiles.

Connect with us

Easy Links

  • Cryptocurrency
  • Event
  • Blockchain
  • Press Release
  • Resources & Downloads

Write Us

[email protected]
  • Home
  • About Us
  • Contact Us
  • Advertise
  • Privacy & Policy
  • Feedback

Copyright © 2025 CXOVoice - All Right Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Our Spring Sale Has Started

You can see how this popup was set up in our step-by-step guide: https://wppopupmaker.com/guides/auto-opening-announcement-popups/

No Result
View All Result
  • Home
  • Technology
    • AI
    • Cloud
    • Telecom
    • Data Center
    • BPM
    • Blockchain
  • Finance
    • Banking
  • Cyber Security
  • View Points
  • Leaders Talk
  • News
  • Press Release
    • Submit Press Release

Copyright © 2025 CXOVoice - All Right Reserved