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

Funding for Indian technology startups increased 23% in calendar year 2024 compared to 2023, growing to $7.4 billion. Of this, deeptech startups raised $1.6 billion registering a 78% year-on-year growth, as per a new report by Nasscom and consulting firm Zinnov.

India saw a doubling in new tech startups founded in 2024 compared to the year before, at over 2,000.

Boosting India’s tech startup ecosystem requires addressing structural gaps such as a better understanding of deeptech startup valuation models, stronger government-industry-academia…