New Delhi: India’s venture capital ecosystem showed a strong recovery in 2024, with total funding reaching $13.7 billion, a 43% increase from the previous year, as reported by Bain & Company. Deal activity surged with 1,270 transactions, a 45% rise, highlighting India’s status as the second-largest VC market in Asia-Pacific. Notably, consumer technology attracted $5.4 billion, while exits reached $6.8 billion, driven by robust IPO activity. The ecosystem is evolving towards disciplined growth and financial sustainability.