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VC Investments register down tread in India

VC Investments register down tread in India

In a negative trend, Venture capital (VC) investments in Indian startups plunged over 38 percent in 2022 as economic uncertainty and market volatility affected fundraising and investment activities, GlobalData.

In a statement issued by GlobalData said an analysis of its financial deals database reveals that “a total of 1,726 VC funding deals worth $20.9 billion were announced in India in 2022 compared to 1,715 deals worth $33.8 billion in 2021.”

“The ongoing economic uncertainty and market volatility continue to affect the fundraising and investment activities in India and subsequently VC investment in the country startups suffered a massive year-on-year 38.2 percent decline in value terms during 2022,” the data and analytics company said.

Aurojyoti Bose, the lead analyst at GlobalData, said India is a key Asia-Pacific market and stands just next to China in terms of VC funding deals by volume and value. It is also among the top four global markets (the US, the UK, China and India. 

India accounted for 5.1 percent and 6.3 percent share of global VC funding value and volume, respectively, in 2022. While the US, the UK and China registered a decline in VC funding deal volume in 2022 compared to the previous year, India stood out as a notable exception and registered 0.6 percent growth.

VC Investments register down tread in India

VC Investments register down tread in India

In a negative trend, Venture capital (VC) investments in Indian startups plunged over 38 percent in 2022 as economic uncertainty and market volatility affected fundraising and investment activities, GlobalData.

In a statement issued by GlobalData said an analysis of its financial deals database reveals that “a total of 1,726 VC funding deals worth $20.9 billion were announced in India in 2022 compared to 1,715 deals worth $33.8 billion in 2021.”

“The ongoing economic uncertainty and market volatility continue to affect the fundraising and investment activities in India and subsequently VC investment in the country startups suffered a massive year-on-year 38.2 percent decline in value terms during 2022,” the data and analytics company said.

Aurojyoti Bose, the lead analyst at GlobalData, said India is a key Asia-Pacific market and stands just next to China in terms of VC funding deals by volume and value. It is also among the top four global markets (the US, the UK, China and India. 

India accounted for 5.1 percent and 6.3 percent share of global VC funding value and volume, respectively, in 2022. While the US, the UK and China registered a decline in VC funding deal volume in 2022 compared to the previous year, India stood out as a notable exception and registered 0.6 percent growth.

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