YourStory Media’s Post

VC funding into Indian #startups for Q1 2024 dropped by 22% compared to the same period last year. 📉 Total VC #funding in Q1 2024 stood at $2.5 billion, down from $3.2 billion in Q1 2023. 💡 Early-stage companies secured $795 million across 229 deals, while growth-stage startups raised $790 million with 43 deals. 🦄 Excitingly, Q1 2024 saw the emergence of two new unicorns: Krutrim and Perfios. 🏙️ In terms of cities, Bengaluru led with $1 billion in funding, followed by Delhi-NCR ($681 million) and Mumbai ($419 million). by Thimmaya Poojary 🔗 Read more on the link in our comments section 👇

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