Indian Startup Funding Dips For Late Stage Ventures In Q3
Inc42 · startup
Indian startup funding saw a significant split in Q3, with growth stage investments soaring 46% year-on-year to $1.1 billion. Conversely, late-stage funding experienced a 10% year-on-year decline, reaching $994 million as major venture capital firms grew cautious. This shift occurred amidst macroeconomic changes and attractive US treasury yields, prompting investors to demand clear paths to profitability and IPOs. AI, cleantech, and deeptech emerged as top-funded sectors, while fintech and e-commerce saw funding fall.