India startup funding dips sequentially to $12b in Q1 as investors turn a tad cautious

Fundraising fell consecutively for the second quarter as Indian startups pocketed $12 billion across 517 private equity (PE) and venture capital (VC) transactions in the first quarter of 2022 compared with $13.7 billion in Q4 2021, showed data from DealStreetAsia DATA VANTAGE‘s latest report, India Deal Review: Q1 2022.

This is a dip of about 12% in value over Q4 2021, but almost three times the funds raised in the corresponding period last year, thus hinting at positive market sentiments.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter