Indian tech startups raise $11bn in 2024, surpassing China: Report

Mansi Agarwal, Published on Dec 31st, 2024

Indian tech startups raise $11bn in 2024, surpassing China: Report

The Indian tech startup ecosystem raised $11.3 billion in funding this year, ranking third globally, according to data from Tracxn. Indian startup funding surpassed China ($9.4 billion), Germany ($6.4 billion) and France ($5.5 billion). Only the US and the UK saw more funding than India at $144 billion and $13.4 billion, respectively.

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