Start-upPerspectivesIndiastart-updealstrackerQ3CY22Executivesummary01Dearreaders,FundingwintercontinuesinIndia’sstart-upecosystemaswellasglobally,andit’suncertainuntilwhenthiswilllast.Start-upfundinginIndiaduringQ3CY22hitatwo-yearlowatUSD2.7billionacross205deals.Althoughithasbeenarguedthatthereissubstantialcommittedcapitalwaitingtobedeployed(drypowder)intheIndianstart-upecosystem,itisbecomingclearerthatselectivityindealmakingwillincrease,withafocusonpath-to-profitability,especiallyingrowth-tolate-stagecompanies.ThiseditionofthenewslettersummarisesourdiscussionswithseveralleadinginvestorsintheIndianstart-upecosystemonthecurrentfundingenvironmentandoutloo...