The Indian startup ecosystem experienced a rollercoaster ride in 2024, characterised by a slight-yet-concerning decline in funding activity and a shift in investor sentiment, alongside a silver lining with several startups achieving unicorn status.
According to data from Tracxn, Indian startups raised a total of USD 30.4 billion in funding throughout 2024, a 6.5 per cent decline from the USD 32.5 billion secured in 2023.
Despite facing global economic challenges, India's startups showcased remarkable resilience, adeptly navigating changing market conditions, while continuing to attract investments.
The story "After rough ride this year, Indian startups look for a promising 2025" has 952 words across 37 sentences, which will take approximately 4 - 8 minutes for the average person to read.
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