(Weekly funding roundup Oct 19-25) VC inflow dips in the absence of large deals

Quick Summary:

The VC funding for the week came in at $178 million across 13 deals compared to $342 million in the previous week.

Despite the absence of large deals, the drop in funding might also be attributed to the ongoing festive holiday season, leading to a slowdown in transactions.

At the same time, the high interest rate regime globally has not in any way been an encouraging element for the startup ecosystem.

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Author / Journalist: Thimmaya Poojary

Category: StartupsEconomyBusiness

Markets: India

Topics: Week Privacy Raised Been Capital Funding Policy Inflow Million Startup Absence

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-25 @ 16:08:57 (2 days ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 334 words

Reading Time: 2 minutes read

Sentences: 22 lines

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