Explore Business Standard
Don’t miss the latest developments in business and finance.
Venture capital (VC) investments in Indian startups plunged over 38 per cent in 2022 as economic uncertainty and market volatility affected fundraising and investment activities, GlobalData said on Tuesday. In a statement, GlobalData said an analysis of its financial deals database reveals that "a total of 1,726 VC funding deals worth USD 20.9 billion were announced in India in 2022 compared to 1,715 deals worth USD 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 per cent decline in value terms during 2022," the data and analytics company said. Aurojyoti Bose, 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 markets (the US, the UK, China and India) globally. India
The Venture Capital investments during the month of August has seen 34 deals worth around $440 million, making it the second highest investment in a month during 2017. The VC investments in August has seen a growth of 140 per cent in terms of value, compared to $180 million investment during the month of July, this year. However, the VC investments during the month was lower by four per cent compared to the investment of $458 million in 37 deals during August, last year.The growth during the month compared to the previous month was led by growth capital while angel investments are still in a sluggish phase, according to data from Venture Intelligence, a research firm focused on private company financials, transactions and their valuations. August also arrested the two-month slide in deal activity which began in June, it said."The increase in value of investments in August was on the back of investors predominantly focusing on new rounds for existing portfolio companies - especially ...