RECUR STARTUP PULSE 2023

Fundraising in uncertain macro conditions
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Highlights

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.

73%

Decline in VC funding since Q4 2021

60%

Founders think raising equity capital will be hard

57%

Founders didn’t have access to worthy investors

30%

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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