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Economic Times

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Image Credit: Economic Times

Tech startup funding rose 23% in 2024, deeptech saw 78% boost: Nasscom report

  • Funding for Indian tech startups increased 23% in 2024, reaching $7.4 billion.
  • Deeptech startups witnessed a 78% YoY growth, raising $1.6 billion of the total funding.
  • India observed a doubling in new tech startups founded, with over 2,000 in 2024.
  • Addressing structural gaps, better understanding of deeptech startup valuation models, and stronger collaboration between government, industry, and academia can boost India's tech startup ecosystem.

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