India's share in venture capital funding falls sharply; China surges ahead

The decline in Q3 CY2022 is even sharper on a year-on-year basis

Surajeet Das Gupta
Last Updated at October 14, 2022 00:18 IST

VC funding in India in Q3 CY2022 fell to a ten-quarter low to just $2.8 billion for 387 deals

India saw a decline in its share of total venture capital funding that went to Asia in Q3 calendar year (CY) 2022, compared to the previous quarter. On the other hand, China gained market share despite the internal crackdown on tech companies and apprehensions of PE funds.

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