In 2024, Indian startups raised approximately $12 billion, a 20% increase from the previous year, marking a recovery from the funding downturn of 2022 and 2023. This year saw 993 funding deals, with fintech, consumer services, and ecommerce leading the sectors13. Notably, Bengaluru retained its status as the top city for deal count but was surpassed by Mumbai in total funding, which reached $3.7 billion25. Major startups like Zepto, Flipkart, and Mechanic Pro secured over $100 million each in funding6
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