Indian startups raised 32% fewer rounds in 2024 as VCs got selective
18 December 2024 at 23:19
Indian startups raised 32% fewer funding rounds in 2024 compared to last year, according to data intelligence platform Tracxn, signaling that investors are being more selective when striking deals. The number of startup funding rounds fell to 1,448 compared to 2,114 last year, but overall funding rose 6% to $11.3 billion ($10.7 billion in 2023) [โฆ]
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