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Economic Times
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Startups raise $10 billion in July-September quarter, down 15% QoQ: report
- Startups raised $10 billion in the July-September quarter, marking a 15% decline in total funding compared to the previous quarter.
- The number of deals also fell by 30%, dropping from 318 in Q2 to 229 in Q3.
- Top funded startups include PhysicsWallah, Zepto, and Rapido.
- Debt deals surged to $4.2 billion, accounting for 40% of the total capital raised.
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