At $323m, startup megadeals in India hit 13-quarter low in Q1

At $323m, startup megadeals in India hit 13-quarter low in Q1

Startup megadeals or transactions worth at least $100 million have moved into the slow lane, dropping almost 65% in value terms sequentially to touch $323 million in the first quarter of 2024. This is also the lowest funding witnessed through megadeals in India in the past 13 quarters.

Edited by: Padma Priya

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