Indian startup funding drops to $2.7B in 2024, lowest in 4 years; SoftBank and Tiger Global cautious.

In 2024, Indian startup funding witnessed a decline, with funds raised falling to $2.7 billion, marking the lowest in four years. Key players such as SoftBank and Tiger Global adopted a cautious approach, issuing smaller follow-on checks. The absence of global investors was notable, as local family offices and hedge funds took the lead in investments. However, industry analysts are optimistic about the future, anticipating a surge in startup funding in the upcoming months.

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