Funding worries remain for startup ecosystem
Financial Express Mumbai|January 01, 2025
● 6% increase in 2024 but nowhere near the 2022 high
AYANTI BERA
Funding worries remain for startup ecosystem

THE FUNDING WINTER for startups is far from over. Although funding in 2024 increased slightly to $11.1 billion, marking a 6% uptick from last year, it remains a staggering 56% lower than the $25.4 billion raised in 2022. Further, the fourth quarter of 2024 recorded only $1.8 billion funding across 219 rounds - the lowest in the past three years - a sharp 47.5% drop from Q3's $3.5 billion and 33.3% lower than Q4 2023. December capped the year with a mere $433 million, the lowest monthly funding figure of the calendar year.

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