India, March 27 -- Did the funding headwinds finally relent in 2024, paving the path for startup growth? The previous year might not have presented a booming picture for all. But a close look revealed funding growth in certain stages. For instance, India's startup ecosystem saw a surge in seed stage funding, reflecting growing investor confidence in early stage ventures. Seed stage startups secured around $893 Mn, a 31% increase from the $681 Mn raised in 2023.

Despite the rise in funding, seed stage deals declined by 7% to 433 in 2024 from 467 in 2023. It suggests a trend towards larger investment per startup, as evidenced by the 25% rise in average ticket size to $1 Mn.

Nevertheless, the overall environment indicates a growing momentu...