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Startup funding
December 14 , 2023
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- India slipped to fourth position in the global ranking among the highest-funded geographies in 2023.
- It recorded lowest funding in five years.
- India is in third spot globally in 2021 as well as in 2022.
- By receiving only $7 billion in total funding, now it behind the US, the UK and China.
- For 2023, the funding declined across all stages, with late-stage funding dropping over 73%, followed by early-stage funding (70%) and seed-stage funding (60%).
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