STATE OF THE INDIAN STARTUP ECOSYSTEM
AND ITS OVERALL IMPACT ON THE GLOBAL ECONOMY
$145BN
TOTAL
FUNDING
5.7K
TOTAL FUNDED STARTUPS 2014 TO 2023
111
TOTAL NUMBER OF UNICORNS
68K
TOTAL TECH STARTUPS LAUNCHED IN INDIA TO DATE
900MN
ACTIVE INTERNET USERS IN INDIA BY 2025
1.3K
TOTAL NUMBER OF M&As BETWEEN 2015 AND 2023
2ND
BEHIND THE US IN TERMS OF
ANNUAL FUNDING CAGR
WHAT’S NEXT
ARTICLES IN REVIEW
TOUGH TIMES FOR STARTUPS
NO NEW MILESTONES IN SITE
TOUGH TIMES FOR STARTUPS
WAVE OF SHUTDOWNS
WAVE OF SHUTDOWNS
17
STARTUPS BIT THE DUST IN 2023
214 Mn+
TOTAL FUNDING RAISED BY STARTUPS THAT SHUT SHOP IN 2023
17
STARTUPS BIT THE DUST IN 2023
214Mn+
TOTAL FUNDING RAISED BY STARTUPS THAT SHUT SHOP IN 2023
WHAT THE FUNDING
WHAT THE FUNDING
$9 Bn
TOTAL FUNDING IN 2023
35%
YoY DECLINE IN MEDIAN TICKET SIZE OF FUNDING
68%
YoY DECLINE IN SEED FUNDING
71%
YoY DECLINE IN GROWTH FUNDING
YoY DECLINE IN GROWTH FUNDING
66%
YoY DECLINE IN MEGA DEAL COUNT
DIAMONDS IN THE RUBBLE
INDIA’S ONLY UNICORN FROM 2023
A YEAR OF GLORYFYING COCKROACHES
A YEAR OF GLORYFYING COCKROACHES
The values in INR Cr depict the profits in FY23
WE'RE THANKFUL FOR OUR COMMUNITY OF
INNOVATIVE ENTREPRENEURS
INVESTORS
BUSINESS PARTNERS
STAFF
FOR ANOTHER YEAR TO REMEMBER
WISH YOU A HAPPY NEW YEAR AND A PROLIFIC YEAR FOR INDIA IN TECH
WISH YOU A HAPPY NEW YEAR AND A PROLIFIC YEAR FOR INDIA IN TECH
