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VC funds reduce number of deals with start-ups by a fifth in 2022: Study

Total investment in such firms in India stood at $23 bn in 2022, compared to $35 bn in 2021

pe/vc funds, pe/vc investments
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Surajeet Das Gupta New Delhi
At least 14 of the top 20 venture capital (VC) and private equity (PE) funds in India reduced new deals with start-ups by a fifth in 2022. The number fell from 572 in 2021 to 456 this year, according to data from Venture Intelligence.

Sequoia Capital, a leader in investments, retained its top slot but its number of deals fell from 110 in 2021 to 70 this year. Tiger Capital, Accel India, Matrix Partners too reduced new deals (see chart).

Companies not in the list of 20 reduced new deals as well. Softbank, a favourite among start-ups, saw its deal

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