Indian startups raised 32% fewer rounds in 2024 as VCs got selective

Quick Summary:

Indian startups raised 32% fewer funding rounds in 2024 compared to last year, per new numbers from data intelligence platform Tracxn, signaling that investors are being more selective when striking deals.

Before joining TechCrunch in 2019, Singh wrote for about a dozen publications, including CNBC and VentureBeat.

A pipeline of more than 20 startups, including quick-commerce group Zepto, and business-to-business marketplace Infra.

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Article Details

Author / Journalist: Manish Singh

Category: Technology

Markets: United StatesIndia

Topics: Venture funding 2024 venture trends Startups

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-19 @ 07:19:00 (15 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 392 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 24545312

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