The winter of discontent in venture capital funding world is still continuing!Unicorn march has also come to a stop!

In the first quarter of 2022, overall funding of investments in Indian startups amounted to US$11 billion, which plunged by 37%to US$6.9 billion. This is likely to continue for at least a year.In funding, the the only silver lining is the early-stage startups raising US$839 million in April-June period.

For the first half of the year, the overall investments stood at $17.9 billion, a 36% increase from the same period last year.In H1 2022, overall investments stood at $17.9 billion, a 26% increase from same period last year.

Only four new unicorns have joined the unicorn team in Q2, compared to 12 for the same period last year.Venture funds have cut down the flow from funding taps due to adverse macroeconomic situations, which continued to depress sentiment.

However, investments in early-stage startups have shot up, spurred by growth and late-stage investors getting highly optimistic about opportunities.Quite recently, several leading global venture capital firms started getting cautious.

Funding for early-stage startups dropped marginally to $839 million in the April-June period, from $856 million in the previous quarter, but it continues to be 30% higher than the total funding for the segment in the last quarter of 2021.