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.
This story is from the January 01, 2025 edition of Financial Express Mumbai.
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This story is from the January 01, 2025 edition of Financial Express Mumbai.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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