Indian startup funding hits four-year low at $2.7 billion in 2024 as global investors stay cautious; local funds step in.

In 2024, Indian startup funding witnessed a decline to $2.7 billion, marking a four-year low. Major players like SoftBank and Tiger Global adopted a cautious approach, resulting in smaller follow-on investments. As global investors took a backseat, local family offices and hedge funds took the lead in funding startups. However, industry analysts are optimistic about the future, anticipating a surge in startup funding in the upcoming months. This shift in investment trends highlights the resilience and adaptability of the Indian startup ecosystem amidst changing market dynamics.

In Trend

IndusInd Bank flags potential Rs 1,530 crore impact from forex contracts, assures review for FY24 and earlier.

Sun Pharma to Acquire Checkpoint Therapeutics for $355 Million, Boosting Specialty Portfolio with FDA-Approved Cancer Treatment.

Leave a Reply

Your email address will not be published. Required fields are marked *