Early-stage deals keep India startup story burning bright amid funding winter

Early-stage deals keep India startup story burning bright amid funding winter

India gate, New Delhi, India. Photo: Pixabay

At a time when garnering growth capital has become a challenge for bigger players in the startup ecosystem, amid uncertain macroeconomic conditions, early-stage startups in India have been killing it so far this year.

Funding across pre-seed and seed deals in India increased 90% to touch $596 million across 351 deals in Jan-July 2022 compared with $313 million across 215 deals in the same period last year, according to proprietary data compiled by DealStreetAsia.

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