Tracxn: Indian startups raised ~$7B in 2023, the lowest since 2018 and down from ~$25B in 2022 and ~$37B in 2021; Bessemer made only one deal in India in 2023 (Manish Singh/TechCrunch)

Manish Singh / TechCrunch:

Tracxn: Indian startups raised ~$7B in 2023, the lowest since 2018 and down from ~$25B in 2022 and ~$37B in 2021; Bessemer made only one deal in India in 2023  —  Indian startups have raised about $7 billion this year, according to market intelligence platform Tracxn, down from about $25 billion in 2022 and $37 billion in 2021.