First 7 months of FY25 see significant surge in VC funding to India's Startups: GlobalData

New Delhi [India], August 28 (ANI): India's startup ecosystem experienced a surge in venture capital (VC) funding during the first seven months of 2024, raising a total of USD 6.3 billion through 672 deals. This marks a 42.1 per cent year-on-year (YoY) increase in funding value, despite a modest 1.2 per cent rise in deal volume, according to a report by GlobalData.

The uptick in funding underscores investor confidence in