At a time when startups funding is witnessing a squeeze, Entrepreneur India spoke to Angels, VC, and PEs who led the maximum rounds of funding. In the ensuing pages WE FEATURE TOP 50 ANGELS, VCS, AND PEs who have invested in Indian Tech companies in the Equity funding rounds in the FY 2022-2023 based on the participation score.
Figures from CB Insights show that Indian startups RAISED $2 BILLION in the first quarter of 2023, which is 75% lower that previous year and the smallest quarterly number in last three years. GLOBAL FACTORS have played a major role in affecting the investment climate in India since Indian startups have been far more reliant on FOREIGN CAPITAL. According to CB Insights only 271 Indian startups raised funding in Q1 2023, compared with 561 last year. Despite being a leading investor, SoftBank hasn't made any INVESTMENTS in India. During this environment maximum number of consumer TECH STARTUPS have gone ahead with securing funds. INVESTORS claim that we are going through a cycle where high quality and rightly priced companies get FUNDING. Let's read more on what investors have to say in the following pages...
SAURABH SRIVASTAV
Co-founder and Chairman, NASSCOM, co-founder India Angel Network, a serial entrepreneur, angel investor and VC.
Series B Funding to be Tough
This story is from the June - July 2023 edition of Entrepreneur magazine.
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This story is from the June - July 2023 edition of Entrepreneur magazine.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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