Fintech Funding Outlook

Reflecting the uncertainties of business model challenges, rapidly evolving regulations and a tough funding environment, there has been a steep fall in funding flowing into the system. We saw deal value drop from a peak of Rs 45,048 crore in CY2021 to Rs 30,267 crore in CY 2022, nearly a one third drop and the trend continues in the first half of CY 2023. We expect momentum to return towards the second half of CY 2024