India’s technology startups saw a record-breaking year in venture capital funding, with a total of $32.6 billi

India’s technology startups saw a record-breaking year in venture capital funding, with a total of $32.6 billion poured into the sector in 2022, a significant 39% jump from the previous year. The funding surge was led by unicorns such as Nykaa, Ola and Groww, which collectively garnered $2.2 billion in investments. This boom is expected to propel India to the third position globally in terms of venture capital funding, pushing China into the second spot.