The report highlights VC investment trends globally, and pointed out that from a five-quarter high of $95.5 billion in the second quarter of 2024, global VC investment fell to a seven-year low of $70.1 billion in the third quarter of this year due to ongoing geopolitical conflicts and anticipated seasonal lulls in investment, among others.
However, in India, despite a decline in Q3’24, VC investment remained solid at $3.6 billion due to fund raising by many consumer-focused businesses including quick delivery start-up Zepto ($360 million), hotel-booking company OYO Rooms ($349 million), and edtech company PhysicsWallah ($210 million). In Q2, it was $4.5 billion and in the first quarter, venture funding was $3.1 billion.
