Tier 1 cities dominated VC/PE activity with 54 deals, compared to 10 in Tier 2 & 3. Angel investors and family offices were also more active in Tier 1, with 18 and 20 deals, versus just 6 and 1 deals in smaller cities, highlighting the concentration of investment in major hubs.
August 2024: Investor Type by City Tier
Tier 1 cities dominated VC/PE activity with 54 deals, compared to 10 in Tier 2 & 3. Angel investors and family offices were also more active in Tier 1, with 18 and 20 deals, versus just 6 and 1 deals in smaller cities, highlighting the concentration of investment in major hubs.
Note: Any funding deal can have participation from more than one type of investors(angel investor, family office etc) resulting in deals being counted more than once in this analysis.