India's VC Ecosystem Booms: 43% Funding Surge Marks 2024 Revival

India's venture capital ecosystem saw remarkable growth in 2024, with a 43% surge in funding totaling USD 13.7 billion. This was driven by a 45% increase in deal activity, particularly in consumer tech, software, and fintech sectors. Government policies and improved exit environments also bolstered market confidence.

India's venture capital (VC) landscape experienced significant growth in 2024, recording a 43% increase in funding, reaching USD 13.7 billion according to a joint report by Bain & Company and IVCA. The revival was supported by a 45% boost in deal activity with 1,270 transactions.

The report indicates that small- and medium-ticket deals, forming 95% of the total, expanded 1.4 times, while large deals exceeding USD 50 million nearly doubled. Megadeals over USD 100 million increased by 1.6 times as investors targeted high-quality companies.

Consumer technology led the funding race, securing USD 5.4 billion. Government reforms and better exit strategies have fostered a conducive environment, contributing to the anticipated dynamic growth in 2025 within India's maturing startup ecosystem.

(With inputs from agencies.)