Tim Cook hails India boom as iPhone growth surges and VC funding rebounds fast

Published on 2 May 2026

VC deals more than doubled in one week

Apple CEO Tim Cook said he is “over the moon” about India’s growth, pointing to rising middle-class demand and strong double-digit expansion across product categories. The March quarter brought standout iPhone momentum and record Services revenue, even as supply constraints and AI spending shape the outlook. Meanwhile, Indian VC activity snapped back in late April with funding more than doubling week-on-week, led by multiple $20M-plus rounds.

Tim Cook credits India’s rising middle class for Apple’s double-digit growth
Services hit a record level as iPhone sales remain a key driver
VC funding surged in late April and early May, more than doubling week-on-week
Largest rounds included several deals above $20M as investors stay cautious

#iphone #india growth #startups #apple #venture capital

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Tim Cook hails India boom as iPhone growth surges and VC funding rebounds fast

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