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Indian startups' funding up by 53% during Jan-Aug GlobalData
The Business Guardian
|September 27, 2024
The Indian startup funding surged by 53.1 per cent in the first eight months of 2024 as compared to the previous year, as per a research report by GlobalData.
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The report revealed that from January to August this year, the Indian startups have raised USD 7.5 billion through venture capital funding, which was USD 4.9 billion last year during the same period.
The report also noted that, in 2024 the VC deals were of bigger value than the previous year. A total of 780 venture capital deals were done between January to August 2024 and it has brought in USD 7.5 billion as compared to 742 deals in the same period last year with USD 4.9 billion.
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