Indian startups to attract $1 billion funding in 2024, 25% higher than 2023

Bessemer Venture Partners, a leading global venture capital and private equity firm, on Monday said that India’s startup ecosystem is set to attract $1 billion in new venture funding in 2024, which is 25% higher compared to 2023.

In India, Bessemer Venture has invested in companies such as MediAssist, Swiggy, Urban Company, Bigbasket, Pharmeasy, and The Good Glamm Group. Currently, the company’s India team is focused on internet marketplaces, health-tech, fin-tech software, and SaaS opportunities.