India Deal Review: Q4 2023

24 January, 2024

Dealmaking remained muted throughout 2023, hitting abysmally low levels in June-August and November, as investors pulled their purse strings amid a difficult exit market and macroeconomic uncertainties. Fundraising by Indian startups more than halved to $11.8 billion in 2023. However, capital raised by startups surged 32% to $2.95 billion in Q4 2023 from Q3 2023, pointing to an improvement in investor sentiment.

Download the report to view:

  • Funding trends across industries, verticals, and geographies
  • Deal volume and value across funding stages
  • Average deal value since Q1 2021
  • Investor insights, and more.

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