According to ETtech’s annual State of Startups survey, Indian entrepreneurs, CEOs, and investors anticipate a resurgence in private funding and public market activity for new-age startups in 2025. This optimism follows a challenging year in 2024, during which the Indian startup ecosystem faced significant layoffs, with 542 tech companies reportedly firing over 151,000 employees. Despite these challenges, the survey indicates a positive outlook for the upcoming year, suggesting a revival in private funding and an increase in initial public offerings (IPOs). The report highlights a 42% decline in job cuts compared to previous years, signaling potential stability in the sector as it moves into 2025.
Startups In 2024: Robust funding scenario helps India pip #China in inflows. https://t.co/eM1UYdBh0M
A year in layoffs: 42% decline in job cuts in 2024, fresh shoots of stability #ITLayoff https://t.co/oH7Yaz11Z4
STORY | After rough ride in 2024, Indian startups look for a promising new year READ: https://t.co/YKUNNNrPNR https://t.co/R23tzS3Rpo