India's fintech space among top 3 globally despite 59% dip in H1 funding
Early-stage rounds record $179 million in funding in H1 2024, a significant 50% dip from H1 2023; seed-stage funding records a 43% fall YoY
fintechs
July 2024
December 2023
July 2023
Rural and semi-urban Indian pivotal to inclusive economic development
Given the widespread embrace of the internet among rural communities and the surge in their employment and economic engagement, this presents an opportune market for expanding financial services.
Domestic fintech startup funding plunges 67% in H1 of 2023
The early-stage investments plunged by 81% and 68% from H1 of 2022 and H2 of 2022, respectively.
