Indian startups closed megadeals worth $4b in Jan-Sept 2023, down 65% YoY

Indian startups closed megadeals worth $4b in Jan-Sept 2023, down 65% YoY

Giorgio Trovato / Unsplash.com

In a sign of the muted startup fundraising scene prevailing in India, investors sealed only 23 megadeals—i.e. transactions valued at $100 million or more—in Jan-Sept 2023, down 60% from 57 in the year-ago period.

Edited by: Pramod Mathew