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Funding rebound augurs well for startup ecosystem
Financial Express Chennai
|December 30, 2024
STARTUP EXPERTS FORESEE a steady rebound in startup funding, driven by strong economic fundamentals and a focus on sustainable growth in 2025.
Founders who showcased operational resilience, sustainable metrics, and clear value-creation paths through the recent funding correction are poised to attract greater investor interest.
According to Bloomberg data, venture capital (VC) activity in India between January and November 2024 recorded 888 deals worth $16.77 billion, up from 729 deals worth $14.69 billion during the same period in 2023. This upward momentum is expected to accelerate in 2025.
"We have seen heightened interest in our portfolio companies from late-stage investors this year. Many companies have demonstrated profitability potential, underpinned by differentiated business models and a focus on real-world metrics," said Sandeep Murthy, managing director at Lightbox India Advisors.
Denne historien er fra December 30, 2024-utgaven av Financial Express Chennai.
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