Indian startup funding plummets to $2.7B in 2024, SoftBank and Tiger Global cautious; local investors step up.

In 2024, Indian startup funding witnessed a decline, with funds raised dropping to $2.7 billion, marking the lowest figure in four years. Major players such as SoftB

In 2024, Indian startup funding witnessed a decline, with funds raised dropping to $2.7 billion, marking the lowest figure in four years. Major players such as SoftBank and Tiger Global adopted a more conservative approach, issuing smaller follow-on checks. The void left by global investors was filled by local family offices and hedge funds, taking the lead in investments. However, analysts are optimistic about the future, expecting a surge in startup funding in the upcoming months. The shift in investment patterns signals a potential reshaping of the Indian startup ecosystem, with local players stepping up to drive growth and innovation.