17% decline in India startup funding in FY24, with decreased PE deals and impact on medium to large startups.

Startup funding in India declined by 17% in FY24 compared to the previous year, with an average of 3 deals daily compared to 6 in 2021, according to 'India Invests' report by Wealth 360 One. The private equity of value between USD 100-250 million decreased by 60%, and those investing USD 500 million or more fell by over 80%. Funding under USD 5 million remains steady, while larger deals over USD 25 million have also decreased, impacting medium to large-sized startups.

May 04, 2024
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