Time taken for startups to get Series A funding longest in over a decade

Waiting for institutional round of financing could extend to 86 months compared to 81 last year

It is taking Indian startups longer to get initial funding.

The time taken to get Series A funding, typically the first time a startup raises institutional capital, extended to 86 months in 2024, according to a ‘Business Standard’ analysis of data collated from sector tracker Tracxn. That is the longest waiting time in data stretching back to 2014. It was 81 months in 2023, and 67 months in 2019 before Covid-19 (chart 1).

Startups typically begin work by borrowing from friends and family