India’s technology innovation economy and the venture capital (VC) industry that supports it have both witnessed remarkable growth in recent years. A combination of economic reforms, supportive government policies, and a mushrooming start-up ecosystem is driving a surge in venture capital interest from U.S. investors seeking to gain exposure to Indian technology hubs. According to Tracxn, India now boasts 1,071 Venture Capital Funds, with a combined portfolio of over 16,300 invested companies.

In 2024 and beyond, with the new paradigm of global security posture favoring the Indian subcontinent, high technology manufacturing moving out of China and into India, and a burgeoning domestic market anchored by an exploding middle class, India offers promises of opportunity as never before.