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$100 million deals back on table: Resurgence after reset, speakers agree at the Indian VC ecosystem panel at ET Soonicorns Summit 2024

Economic TimesEconomic Times · 10m ago
$100 million deals back on table: Resurgence after reset, speakers agree at the Indian VC ecosystem panel at ET Soonicorns Summit 2024
Medial

The Indian startup ecosystem is experiencing a resurgence, with several new unicorns emerging and early-stage funding becoming more available. The Venture Capital (VC) ecosystem has rebounded from a funding winter, with a 45% increase in H1 2024 compared to H2 2023. Panellists at the ET Soonicorns Summit highlighted driving factors for this resurgence, including IPOs providing liquidity, reduced risk aversion in entrepreneurship, and increased domestic and global capital flow. The Indian economy's positive performance has had a rub-off effect on the startup ecosystem, with entrepreneurs realizing the sky is not falling.

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