From controversies snatching Honasa’s unicorn tag to continuous volatility gripping equity markets, it was a rocky November for new-age tech startups.
Despite the hiccoughs, the world’s third-largest startup ecosystem continued to remain agog with activities and funding raised by Indian startups in November 2024 so far has inched closer to the $1 Bn mark.
What helped the upward movement further was the slew of new fund launches by venture capital (VC) and private equity (PE) firms, showing the resilience of the homegrown startup ecosystem amid the ongoing, albeit waning, funding winter.
As India’s entrepreneurial spirit continues to burn brighter, we are back with the 53rd edition of Inc42’s ‘30 Startups to Watch’, powered by Google Cloud.
At the heart of this month’s issue is generative artificial intelligence (GenAI), which has become the latest buzzword among Indian tech founders.
While about a third of our 53rd cohort features startups that…