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.

India's Venture Capital (VC) ecosystem exhibited robust growth in 2024, with funding surging 43 per cent year-on-year to USD 13.7 billion, according to a report.

Bessemer Venture Partners, an early backer of Swiggy, has raised $350 million for an India-focused fund to invest in AI-enabled businesses, fintechs and direct-to-consumer brands among others, the company said in a statement on Wednesday.

In contrast to a largely stagnant Asia-Pacific VC market, India saw a notable rise in deal activity, reinforcing its position as the second-largest VC destination in the region.

India's venture capital (VC) ecosystem demonstrated a strong recovery in 2024, with total funding reaching $13.7 billion, reflecting a 43 per cent increase compared to 2023, according to a report by global consultancy Bain & Company released on Tuesday.

Bessemer Venture Partners secured $350 million for its second India-focused fund, aiming to support early-stage startups in AI-driven services, cybersecurity, digital health, and fintech. They foresee the Indian internet economy reaching $1 trillion and view this as an optimal time to invest,

The new fund underscores Bessemer's long-standing presence in India, where it has been investing since 2006, and aims to support emerging companies from their early stages through subsequent growth ph