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Large 'late stage' deals elude startups

IndiaTimes Monday, 24 February 2025 ()
Late-stage startup funding in India has dropped to under 60% in 2024 and 2023, nearing 2016 levels. Major deals over $50 million have declined, with only a few exceptions like Zepto's $1 billion raise. The current $11.2 billion funding is significantly lower than the peak of $28.6 billion in 2021.
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