Fundraising in uncertain macro conditions
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Funding for startups in 2023 is expected to be difficult due to a funding winter, with intense competition for limited capital. This may lead to delays in product development, hiring, or business model changes for startups. A research team conducted surveys and interviews to gain insights into the current state of the startup ecosystem.


Decline in VC funding since Q4 2021


Founders think raising equity capital will be hard


Founders didn’t have access to worthy investors


Founders like idea of debt financing

Table of Contents

  • Year of re-calibration for Indian Startup ecosystem
  • 2023: Founders are cautiously optimistic
  • Evolving Funding Paradigm: Opportunities ahead
  • Persistent growth will determine India’s startup future

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