Home

homestartup NewsBigger deals, higher valuations—India’s early stage startups overvalued, says InnoVen Capital report

Bigger deals, higher valuations—India’s early-stage startups overvalued, says InnoVen Capital report

By Akhil V | Apr 26, 2023 4:31 PM IST (Published)

Mini

“One out of two investors believe that early-stage companies were overvalued in 2022”, said the report, which spoke with 20 early-bird investors, including Blume Ventures, Better Capital, Omnivore, IAN Fund, Kae Capital, India Quotient and WaterBridge Ventures.

startup | Apr 26, 2023 4:31 PM IST

The funding winter turned India’s early-stage startups into investor favourites as growth and late-stage tech companies struggled to demonstrate solid metrics to qualify for further investments amid a global liquidity crunch. Going by an InnoVen Capital report, this trend led to overcooking of valuations with bigger deal sizes in the seed-to-Series A rounds in India.