Akshata Sharma
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The most awaited startup list of the month is out! We are so excited to announce this month's 30 Startups To Watch series - featuring the 30 hottest startups on our radar for July
According to report "India's Top Startup Investor Ranking H1 2024 Survey," more than 90% of the 50+ surveyed investors view 2024 as the turnaround year for Indian startups.
In this month's cohort, we observed that a mere 8 startups raised more than $1 Mn in funding signalling the fading reliance on external capital. However, 16 early stage startups raised $1 Mn or below and the remaining were proudly bootstrapped.
With this trend, it is safe to assume that the persistent funding correction has made early stage startups less reliant on initial funding. Meanwhile, around a quarter of these startups are in the D2C space, with the remaining spanning fields as diverse as cleantech, B2B SaaS, generative Al, edtech and gaming.
Now, as we welcome the resurgence of optimism in the Indian startup space with the annulment of angel tax and receding funding winter, here are the 30 startups that caught our attention in July.
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