| | NOVEMBER 20234The startup funding winter is well and truly here. According to a recent PwC India research report, Indian startups raised $3.8 billion in the first half of 2023 (January to June), interpreted as a massive drop off of 36 percent compared to the fundraising in H1 of 2022. The report also points out this is the lowest six-month funding in the last four years. However, Fintech, SAAS, and D2C remain the most funded sectors in H12023.Commenting on the occasion, Amit Nawka, Partner - Deals & India Startups Leader, PwC India, shared some warm words for startup entrepreneurs. He says, "A funding winter is just a season in a startup's journey. There is a slowdown in startup funding despite significant untapped capital reserves held by venture capitalists (VCs). Active VC firms in India have secured new funds in the past year, and we can expect the pace of investments to pick up in the next few months." However, it is widely viewed that the investment scenario in the country is going to change soon. The UAE announcing a $50 billion investment is a great omen. In 2022, India received 811 Industrial Investment Proposals, which were valued at $ 42.78 billion. Various factors have made India more appealing for FDI in the last few years. India improved its World Competitive Index 2022 rank by six places and came 37th, up from 43rd in 2021. India also entered the top 50 most innovative countries list and got 40th place in the Global Innovation Index 2022. These factors have increased FDI investments in India. Sujith VasudevanManaging Editoreditor@ceoinsightsindia.comIndia is Presenting an Attractive Proposition EditorialVol 04 · Issue 5 - 1 ·NOVEMBER, 2023 Publisher Alok ChaturvediSenior Designer Girisha M ANTONY ARNOLD. Vayshnavi P. D.NoidaRohit Raghubanshi Garima Anandadvertise@ceoinsightsindia.comEditorial queries editor@ceoinsightsindia.comAdvertising ManagersNilesh Singh To subscribeVisit https://www.ceoinsightsindia.com/subscribe/ or send emailto subscription@ceoinsightsindia.comMagazine Price is Rs. 150 per issuePublisher Alok ChaturvediPrinted and Published By Alok Chaturvedi on behalf of Info Connect Web Technolo-gies India Pvt. Ltd., and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Copyright © 2023 Info Connect Web Technologies India Pvt. Ltd., All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.VP - Sales & Marketing Amrit SinghCirculation Manager Magendran Perumal Editorial P Tejaswini Keerthana Kantharaj Roopalatha H Hima P. M. Managing Editor Sujith Vasudevan
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