Hyderabad, the bustling capital of Telangana, is emerging as one of India’s fastest-growing start-up hubs. In 2024 alone, the city recorded 81 funding rounds, attracting a total of $571 million in investments, marking a sharp rise from the previous year.
Key Highlights
- Healthtech leads the way – Secured nearly $300 million, making it the top-funded sector.
- Fintech on the rise – Funding doubled to $105 million compared to 2023.
- Women-led start-ups gaining momentum – 531 women-led ventures have raised $417 million since 2020, placing Hyderabad 6th in India for women entrepreneurship.
What’s Driving the Growth?
Industry experts credit a mix of strong government support, strategic infrastructure, and investor confidence for Hyderabad’s impressive run.
- T-Hub, WE Hub, and STPI Hyderabad have been instrumental in providing incubation, mentorship, and funding support.
- STPI Hyderabad has disbursed over ₹574 crore, supporting 1,400+ start ups in the last four years.
Notable Trends
- Deep tech and AI-powered start-ups are increasingly drawing investor attention.
- Global VCs are showing growing interest in Hyderabad’s healthtech sector due to its blend of innovation and affordability.
- Collaboration with global accelerators is helping local start-ups scale internationally.
Hyderabad’s Start-Up Funding Growth (2020–2024)
| Year | Total Funding Raised | No. of Funding Rounds |
|---|---|---|
| 2020 | $320M | 55 |
| 2021 | $410M | 62 |
| 2022 | $485M | 74 |
| 2023 | $500M | 76 |
| 2024 | $571M | 81 |
Why This Matters
Hyderabad is not just competing with Bengaluru and Delhi anymore—it’s carving a unique niche in healthtech innovation, women-led entrepreneurship, and AI-driven solutions. The momentum suggests that the city could soon become India’s #2 start-up destination in terms of investment inflows.
Bottom Line: The numbers prove it—Hyderabad is no longer an underdog in India’s start-up race. For entrepreneurs, investors, and policy-makers, the city is now a hotbed of opportunity.
Source: News bytes
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