The size of venture capital (VC) funding deals in India dropped 22.4 percent to $18.5 billion during Q1-Q3 2022, GlobalData said.
The number of VC deals grew 15.3 percent to 1,374 in Q1-Q3 2022.
Aurojyoti Bose, Lead Analyst at GlobalData, said: “The decline in value despite a growth in volume suggests that investors have become more cautious in committing big investments amid the volatile market conditions.”
