Bengaluru accounts for almost 50% of the total funding raised by Indian startups since 2014 and more than 37% of unicorns in India!

Let’s take a closer look at this popular startup hub 💸👇

Bengaluru – also known as the Silicon Valley of India –  has been an epicenter of innovation, serving as a globally connected hub dominated by new age tech startups and both domestic and international IT companies.

According to Inc42’s latest “Indian Tech Startup Funding Report H1 2024”:

🔸 Bengaluru continued its reign as the most-funded startup hub in India in the first half of 2024, bagging $1.57 Bn across 134 deals.

🔸 Following its lead was Mumbai, which pipped Delhi to clinch the 2nd spot on the top-funded startup hub list in H1 CY24. Helped by Zepto’s unicorn round, new-age tech ventures based out of the country’s financial capital raised over $1.5 Bn across 114 deals.

🔸 Meanwhile, Delhi NCR had to make do with the 3rd spot on the podium $1.06 Bn raised across 91 startup deals in H1 2024.

Credit - Inc42 Media