Funding Into Indian Startups Falls 66% in October
Venture capital funding into Indian startups dropped 66% in October. The main reason given is that very few large deals were made that month. Big investments usually lift the total, so a quiet month with few of them can cut the figure sharply. The drop shows how much the startup money flow depends on a handful of large cheques.
Quick glossaryventure capital
- venture capital
- Money invested by specialist firms into young companies that may grow fast, in exchange for shares of ownership.
Burning Potato score: 60%