![“Fintech and SaaS Lead in 2023 Indian Startup Funding Deals” “Fintech and SaaS Lead in 2023 Indian Startup Funding Deals”](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgI2t47b90mTmKkV-BvMLM4r3rpmJOfQZd-sqMtptu36noPZdjrxL_im_lfWa8sWtQNEG6ef-BOjRay2oLJpP2tvLqramrdTZj6WU-LRZqHKt4xATsxnbmv1lTTGViju7JY6M438u78zrtIEXCSwdhAFwHVgZi5ab7DkK9VoSknE6wuXxn5ribtZM_65SPl/w320-h192-rw/Copy%20of%20Copy%20of%20Copy%20of%20Untitled%20(500%20%C3%97%20300%20px)%20(500%20%C3%97%20280%20px)%20(17).png)
- According to this Report, the fintech and SaaS sectors saw the highest number of funding transactions for the second straight year.
- Fintech emerged as the winner with the highest number of secondary transactions in both 2023 and 2022.
- SaaS (software as a service) also saw a high frequency of secondary deals in 2023 and 2022.
- However, it’s worth noting that total startup funding dropped 62% year-on-year in 2023, with Rs 67,000 crore raised through the year.
- The number of deals in 2023 fell 72% compared to previous years.
- Despite the drop, these sectors demonstrated resilience and continued to provide exits to investors.
Question:
Q.1 Who released the Indian Startups Deal Report 2023?a. Startup India
b. PrivateCircle Research
c. NASSCOM
d. Ministry of Commerce & Industry, India