Bengaluru tops startup funding list in 2022Manu Kaushik
Jan 10, 2023Bengaluru startups raise USD 10.8 billion in 2022
Startups in Karnataka’s capital Bengaluru raised USD 10.8 billion in funding in 2022, according to Tracxn, a global market intelligence platform.Credit: iStock
Mumbai trailed Bengaluru in startup funding in 2022
Startups in India's financial capital Mumbai raised USD 3.9 billion in 2022, a third of what new ventures in Bengaluru raised during the year.Credit: iStock
Gurugram bags number 3 spot in startup funding in 2022
With USD 2.6 billion in startup funding in the year 2022, Haryana's Gurugram is at number 3 on the list.Credit: iStock
Delhi startups raised USD 1.2 billion in 2022
Startups in national capital Delhi and Tamil Nadu’s Chennai raised USD 1.2 billion each in 2022.Credit: iStock
Pune startups bag USD 1 billion in funding
Pune is the second city from Maharashtra after Mumbai to figure in the list of top cities with maximum startup funding in 2022. Pune ventures raised USD 1 billion from investors in the year.Credit: iStock
Funding winter hits India's startup ecosystem
Owing to volatile market conditions in 2022, VC investors were far more cautious with their funding plans. The year 2022 saw creation of just 22 unicorns in the country, as apposed to 2021 when India churned out 46 ventures with valuations of 1 billion or above.Credit: iStock
Indian ventures raised USD 25 bn in 2022 vs
Indian startups raised USD 25 billion in 2022, a decline of 40% from the previous year when investors showered USD 42 billion in funding on Indian companies.Credit: iStock