Indian Startup Funding Touches $12 Bn+ In 2024, Stabilizes To 2020 Levels
๐ธ $12B raised: Indian startups netted over $12B in 2024, up 20% from last year.
๐ณ Fintech leads: Fintech secured over $2.5B across 162 deals, leading sectoral investments.
Nearly 60% of Indian startups shut down due to poor market demand
Not tech. Not team. Just building something nobody wants.
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Vaibhav Babruwan Shingde
Studentย โขย 5m
2024: The Year of Indian IPOs
โข In 2024, 13 Indian startups went public and made over Rs 29,000 crore ($3.4 billion).
โข These included Swiggy, Mobikwik, Ola Electric, FirstCry, Ixigo, and Unicommerce. Swiggy did well, Mobikwik was popular, and Ola
Indian startups raised over $135 million from June 3 to June 8, 2024; Fibe tops the list.
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Nandishwar
Founder @StudyFlames...ย โขย 4m
12 Indian Startups That Shut Down in 2024 โ What Went Wrong? ๐
While the startup ecosystem witnessed unicorn success, 2024 also saw the unfortunate shutdown of 12 startups, despite millions in funding. Letโs take a closer look:
Startups That Calle
In 2024, several Indian startups shut down due to funding shortages, unsustainable business models, and market challenges.
1. Kenko Health:
Insurtech startup shut in August after running out of funds and facing legal issues with a debt fund.
2
Key investors shaping the Indian SaaS ecosystem in 2024! ๐ This visual showcases top investors and the groundbreaking startups they support, highlighting the vibrancy and growth of India's SaaS industry. #IndianSaaS #Startups #Investors #Innovation