YourStory
[Weekly funding roundup Oct 3-9] Steep decline in VC inflow
Venture capital funding into Indian startups recorded a sharp decline and this was largely due to the absence of large deals during this week.
Via YourStory
·Excerpt
The total funding this week came in at $168 million across 28 deals. In comparison, the previous week saw a total amount raised at $418 million.
Last week, there were two deals with value above $100 million but this week, the highest funded deal was of TVS Automotive Solutions at $44 million.
This shows the uncertain nature of VC funding into the Indian startup ecosystem in the current environment as there are no definite trends that define the capital inflow.
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