The Indian startup ecosystem experienced a remarkable resurgence in funding from December 2-7, 2024, with 30 startups raising $333.05 million, a 500% increase from the previous week. Notably, fintech led with $185.4 million in four deals, driven by investments in Mintifi and Vastu Housing Finance. Peak XV Partners emerged as a key investor, supporting various startups. Seed funding also showed strong growth, reaching $4.9 million. Major IPO announcements, including MobiKwik and Bluestone, reflect the ecosystem’s maturity. Cities like Mumbai and Bengaluru continue to dominate, while sectors like AI and Environmental Tech are gaining traction, positioning India as a global innovation leader.

Read the full article here