India has 250+ active VC firms and 1.4 lakh DPIIT-recognised startups. Despite $42 billion funding in 2022, inflows plunged in 2023 amid the “funding winter.” Most capital targets fintech, SaaS, and e-commerce, while sectors like agritech and cleantech get <10%. VCs demand traction, scalability, and credible founders, funding exists, but only top 5-10% startups secure it.