News > Indian startups raised nearly $7 billion in first half of 2024
Indian startups raised nearly $7 billion in first half of 2024
03/07/2024 06:44 PM | Click to read full article
The figures are still far less than $20 bn in H1 2022, according to the report. The $7 bn funding included 182 growth or late-stage deals worth $5.4 bn and 404 early-stage deals worth $1.54 bn. About 99 were undisclosed deals. During H1, Indian startups produced a couple of unicorns, Perfios and Krutrim SI Designs. Last year, only two startups managed to cross the unicorn valuation while 2022 and 2021 witnessed the emergence of 26 and 44 unicorns, respectively.
