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Indian startups raised $1.2-billion venture debt in 2023: Report

This comes in contrast to Venture Capital (VC) investment in the Indian startup ecosystem, which experienced a significant funding downturn last year, a report by investment firm Stride Ventures notes.
Funding to Indian startups falls 77% in no respite for the world’s third-largest startup ecosystem

In February 2023, the country’s startup ecosystem, currently the third-largest in the world, saw only 91 deals worth $1.32 billion, against 308 deals worth $4.77 billion in the year-ago period

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Pe/vc Funding

Indian startups raised $1.2-billion venture debt in 2023: Report

Funding to Indian startups falls 77% in no respite for the world’s third-largest startup ecosystem