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Global Venture Funding In Startup Witnesses Decline In 2022 Trend Continues In 2023

Based on the startup tracking platform Tracxn, a total of USD 1.1 billion went into startups in South Asia in the first quarter of 2023, which is 69 per cent lower than the same quarter last year and down 42 per cent in comparison to Q4-2022, , Global Venture Funding, startup funding
Ankit Nagori Tom Eisenmann Softbank Vision Fund Harvard Business School Vision Fund South Asia

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How funding slowdown is impacting startups in Singapore and India

According to data from Crunchbase, total global venture funding started to fall in Q1 2022 from its peak of around USD187 billion in the last quarter of 2021. To be fair, 2021 was a unique year for various reasons (explained later in this article) and is not likely to be repeated any time soon.
Ankit Nagori Tom Eisenmann Lee Kah Whye Harvard Business School Softbank Vision Fund Vision Fund

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