The agrifoodtech startup ecosystem in India mirrored the global slump in venture capital funding in 2022. Funding dropped 33% to $2.4 billion in 2022, from $3.6 billion in 2021. Euphoric startup valuations, alongside easy money, drove investments to a record-breaking high in 2021, followed by a swift correction. Despite the dip, the sector is a critical emerging space in India for transforming agriculture and ensuring food security. With the responsibility of sustaining 17.7% of the world's population, the country is facing the urgent task of addressing various value chain inefficiencies and mitigating the escalating effects of climate change. More than 80% of Indians live in climate-vulnerable districts. By 2030, over 17 million people in India can potentially go hungry due to climate change-induced hunger.