Venture capital investments down 70% across globe in Q1CY23: KPMG study

Despite the current slowdown, macro factors in India remained stronger than elsewhere, driving optimism that the country will see a bounce back in VC investment in H2 of 2023

It is not just in India where venture capitalist (VC) investment has been hitting a low. Global VC investments fell to $57 billion in Q1 of CY23, lower than the $200 billion raised in the same quarter a year back, said the first quarter KPMG’s Venture Pulse Q1 2023.

Despite the current slowdown in VC funding, macro factors in India remained stronger than in other regions, driving optimism that the country will see a bounce back in VC investment in the latter half of 2023.

VC investment in India remained relatively soft in Q1 of CY23 as VC investors intensified