Riding high on several big-ticket deals, Indian startups raised $4.65 billion across 162 private equity and venture capital transactions in October, according to proprietary data compiled by DealStreetAsia. This is a jump of about 37% in value over September when startups had collectively raked in $3.4 billion from risk capital investors.
Deal volume, however, was down 16% from 193 in September owing to a drop in early-stage deals. Of the total transactions in the month, the value of 22 deals was undisclosed, the data showed.