Indian retail sector startup funding increases 32% to $1.63B in H1 2024 due to strong consumption patterns and a growing economy.
Investor confidence in Indian retail sector startups rises, with funding increasing by 32% to $1.63 billion in H1 2024 from H1 2023, as venture capitalists are attracted by strong consumption patterns. The Indian economy is projected to become the third-largest globally by 2026, with household consumption nearly doubling in the past decade to $2.1 trillion and an annual compound growth rate of 7.2%.
June 30, 2024
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