India Deal Review: Startup fundraising drops 18% sequentially to $3.64b in Feb

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After an impressive start in January, startup fundraising in India tapered nearly 18% in value in February to touch $3.64 billion compared to $4.44 billion across 199 transactions in the previous month, according to proprietary data compiled by DealStreetAsia.

However, the deal value registered a three-fold jump compared to the corresponding period last year when startups raised a sum of $1.3 billion across 75 deals.

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