Jayesh Jain’s Post

Indian startups.. Soonicorns .. Future unicorns of India .. India ranked 3rd in the list of countries with maximum number of unicorns with total 112 unicorns . In coming years , we can see more unicorns in India’s startups ecosystem. Let's take a look at India's future unicorns...👇👇

According to Inc42's annual report, Indian startups faced a tough year in 2023, securing just over $10 Bn in funding – a 7-year low, even below the 2018 figures. Here are some key highlights: 📉 Mega Deals Decline: Mega deals saw a significant 61.66% drop from 60 in 2022 to 23 in 2023, reflecting a challenging fundraising environment. 💸 Median Ticket Size Shrinks: The median ticket size hit its lowest since 2019 at $2.2 Mn, down from $4 Mn in 2019, signaling a shift in investment patterns. 🚺 Women-led Startups Hit Hard: Funding for women-led startups plummeted by 80%, dropping to $480 Mn from $2.4 Bn in 2022, raising concerns about gender diversity in the startup ecosystem. 📉 Unicorn Valuations Slashed: Valuations of eight unicorns, including big players like BYJU’S, Meesho, and PharmEasy, faced cuts, indicating a reassessment of the startup landscape. 💰 Seed Stage Struggles: Seed stage startups faced a severe setback, managing to raise only $681 Mn – a 72% YoY decline from the $2.4 Bn in 2022. The number of deals also saw a 36.6% drop. 📉 Late and Growth Stage Funding Declines: Late and growth stage funding figures declined by 60% YoY in 2023, reaching $2.9 Bn and $5.6 Bn, respectively, adding to the overall funding woes. 🤔 My Thoughts: The challenges faced by Indian startups in 2023 are evident, with funding downturns across various stages and sectors. It's crucial for the ecosystem to adapt and innovate, considering the evolving investor sentiment. What strategies can startups employ to navigate these hurdles and foster a more resilient future? #IndianStartups #TechFunding #StartupEcosystem 🚀

In 2023, India’s top 3 startup hubs saw a major funding decline – on a year-on-year basis, Mumbai saw the maximum decline in funding at 62%, followed by Bengaluru at 61% and Delhi NCR at 51%📉 According to Inc42’s annual “Indian Tech Startup Funding Report 2023“, Indian startups secured just over $10 Bn in funding in 2023 – marking a 7-year low (even below the $12 Bn raised in 2018). Here are some other key highlights from the report:  🔶 Mega deals during the year fell to 23 deals – a 61.66% decline from the 60 mega deals in 2022. 🔶 The median ticket size reached its lowest level since 2019 to $2.2 Mn from $4 Mn in 2019. 🔶 Funding in women-led startups tanked 80% to $480 Mn from $2.4 Bn in 2022. 🔶 Investors slashed the valuations of 8 unicorns, including BYJU’S, Meesho and PharmEasy. 🔶 Seed stage startups could raise only $681 Mn versus $2.4 Bn raised in 2022, representing a 72% YoY decline. The number of deals, too, slipped 36.6% to 467 from 737 in 2022. 🔶 Late and growth stage funding figures did not prove to be any consolation either, declining 60% YoY in 2023 to $2.9 Bn and $5.6 Bn, respectively. 🔗 For more insights, download your FREE copy of Inc42’s Indian Tech Startup Funding Report 2023: Link In Comments 👇 #fundraising #bengaluru #mumbai #delhi #startups #IndianStartupFunding2023

The funding slowdown in the world’s 3rd largest startup ecosystem continues unabated – Indian startups could raise only $5.4 Bn in the first half of 2023 across 462 funding deals. According to Inc42’s H1 2023 Startup Funding Report: 🔸This represents a 10% and 25% decline in #funding amount and deals, respectively – compared to the second half of 2022, when startups raised $6 Bn across 617 deals. 🔸On a year-on-year basis, #startup funding declined 72% in H1 2023 – compared to H1 2022, when startups raised $19 Bn across 900 funding deals. 🔸Maintaining consistency, fintech startups continued to attract investors’ interest and raised $2.1 Bn in the first half of 2023 – one third of which can be attributed to PhonePe alone, which raised $850 Mn. 🔸#Bengaluru outpaced #Delhi NCR once again to retain its top startup hub status. The startups based in India’s silicon valley raised nearly $2 Bn across 137 funding deals in H1 2023. Here’s a quick overview of Indian startup funding trends in H1 2023👇🏻