Venture capital (VC) funding into Indian startups saw a sharp decline in the first week of April as the clear absence of high value deals brought the value down. The total funding for the first week of April came in at $117 million from 20 transactions. In contrast, the previous week saw a total amount of $328 million from 22 deals. Comparing the two weeks, it clearly shows that the number of deals were almost similar but there was a big difference in the amount raised. This can be attributed to a lower number of high value transactions in this week. This decline in VC funding also reveals the challenge the startup ecosystem continues to face in terms of capital inflow as the ongoing battle in the Middle East has cast a dark shadow on overall transactions. There is an uncertainty on what will be the impact of this war and how long it would take for a recovery. Also, this is the third lowest amount raised by Indian startups on a weekly basis. Previously, the lowest funding amount was $7..
[Weekly funding roundup March 28-April 3] Steep decline in VC inflow
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