Graphic of the Day: Record $47 million boost in 2024 powers India's EV startups
Funding for electric vehicle startups in India hit a record high in 2024, driving investor confidence despite fewer deal rounds
India’s EV startup ecosystem hit a milestone in 2024 with record funding of $47 million, even as the number of deals declined. The trend highlights investor confidence in the sector’s long-term potential. Here’s how funding has evolved over the years.
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