Indian startup funding hits 4-year low at $2.7B in 2024; SoftBank, Tiger Global cautious; local investors step in.

Indian startup funding witnessed a decline in 2024, dropping to $2.7 billion, marking a four-year low. The decrease was attributed to SoftBank and Tiger Global issui

Indian startup funding witnessed a decline in 2024, dropping to $2.7 billion, marking a four-year low. The decrease was attributed to SoftBank and Tiger Global issuing smaller follow-on checks, showing a sense of caution. This shift led to global investors taking a backseat while local family offices and hedge funds took the lead in investments. Despite the setback, analysts are optimistic about the future, predicting a potential increase in startup funding in the upcoming months.