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Start-up funding up 6% YoY at $11.3 bn in 2024
The New Indian Express Vijayawada
|December 20, 2024
IN 2024, the start-up ecosystem saw a marginal 6% increase in funding at $11.3 billion compared to $10.7 billion in 2023.
However, this is a 56% decline compared to 2022 as start-ups raised a record $25.4 billion funding in that year.
SaaS-based market intelligence platform Tracxn on Thursday released its India Tech Annual Report 2024. According to the report, in the second half of 2024, start-ups received $5.32 billion across 540 funding rounds, a growth of 8% from H2 2023 where $4.92 billion was raised across 890 rounds.
This story is from the December 20, 2024 edition of The New Indian Express Vijayawada.
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