New Delhi, March 11 -- India's venture capital (VC) ecosystem demonstrated a strong recovery in 2024, with total funding reaching USD 13.7 billion, reflecting a 43 per cent increase compared to 2023, according to Bain & Company's India Venture Capital Report 2025.

As per the report, the deal activity surged, with 1,270 transactions recorded, marking a 45 per cent rise in deal volumes.

This resurgence reinforces India's position as the second largest market for venture capital and growth funding in the Asia-Pacific region, especially in the context of 2024 funding in the region remaining largely in line with 2023, the report observed.

Deal volumes increased across deal sizes and stages, while average deal size remained stable. Small- an...