The year 2024 saw a decline in funds raised for Indian startups, dropping to $2.7 billion, marking the lowest amount in four years. This decrease was attributed to SoftBank and Tiger Global issuing smaller follow-on checks and exercising caution in their investments. Global investors took a backseat, while local family offices and hedge funds took the lead in funding these startups. However, analysts are optimistic that there will be an uptick in startup funding in the upcoming months. This shift in investment patterns highlights the changing landscape of funding for Indian startups, with a potential resurgence expected in the near future.
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Indian startup funding drops to $2.7 billion in 2024, lowest in four years; SoftBank, Tiger Global cautious.
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