Over recent years, early-stage funding for Indian startups has significantly declined. The number of startups obtaining seed funding fell from approximately 2,513 in 2021 to just 1,078 in 2024. While the check sizes for Series A and B remained stable, follow-on funding decreased, with 30% fewer startups raising Series A/B rounds compared to 2022. Notable micro VCs in this landscape include Better Capital, 8i Ventures, iSeed, and Sauce.VC. This trend indicates a challenging environment for new ventures seeking initial financial support.

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