The Indian startup ecosystem is showing signs of recovery after a challenging period. Data from TheKredible reveals total funding reached nearly $7 billion in the first half of 2024, exceeding the $5.92 billion raised in h1 2023.this represents a 12% year-over-year increase. However, it's important to note that funding remains below the record-breaking $20 billion secured in h1 2022.

Indian startups secure $7 bn in first half of 2024

Once flush with investor funds Indian startups are struggling investors once eager to pump in billions of dollars in promising Indian tech Ventures are now going slow and cutting smaller checks. The reason is the several controversies surrounding top startups like Paytm and Byjus.

Funding crunch for India's startups

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