Report card: H1 2022 funding

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Report card: H1 2022 funding

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In the first half of 2022, Indian startups kicked up fundraising with $17.1 billion raised across 891 deals, but the coming quarters will be an acid test for the ecosystem.

Even as Bitcoin, Ethereum, USDT, Solana, and other cryptocurrencies see a rise in reaction to Meta’s NFT launch (brava, Mark Zuckerberg), not everyone is convinced.

During the Union Budget 2022-23, Finance Minister Nirmala Sitharaman announced a tax withholding provision on benefits or perquisites rolled out by businesses, effective July 1.

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Article Details

Author / Journalist: Team YS ( )

Category: StartupsEconomy

Topics: Percent Indian Yourstory Raised 2022 Fundraising Customers Deals Billion First Startups

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-07-02, 01:30:00

News Timezone: GMT +8:00

News Source URL:

Language: English

Reading Time: 3 minutes read

Article Length: 535 words

Coverage Area: India

Availability: Desktop Web, Mobile Web

News ID: 26284

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About YourStory

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Main Topics: StartupsEconomy

Official Website:

Update Frequency: 13 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 8h ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #44

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