Venture capital investors and startup founders are hopeful that the Modi Government 3.0 will repeal the angel tax
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Additionally, Samant said, “The Union Government recently issued a list of startups in the last two years, out of which 8,300 are in Maharashtra, making it the number one state in the country"
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Despite the dropouts, 38 new startups joined the index this year. Notably, travel aggregator ixigo went public with a USD 700 million valuation, skipping the gazelle stage after being identified as a potential unicorn in 2022
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Funding winter in India seems to be waning as the country witnessed an improvement in venture capital funding deals, both in volume and value, in 2024
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