Turkish startup investments soared fivefold to in 2024
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ISTANBUL The transaction volume of investments into Turkish startups soared fivefold in 2024, rising 423 percent to $2.6 billion amid global geopolitical tensions and growing concerns over inflation and interest rates worldwide, says a new report. Turkish startups’ investment transaction volume surged from $497 million in 2023, while the total number of transactions jumped from 297 to 331 in 2024, the report by consultancy firm KPMG Türkiye said. The majority of investments into Turkish
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