<ul><li>Venture capital funding in Indian startups reached $1.106 billion in October, marking the sixth consecutive month of billion-dollar funding.</li><li>This figure represents an 11% decline compared to October last year and a 20% decline compared to September 2024.</li><li>Despite the decline, the total VC funding for the first 10 months of 2024 reached $11.7 billion, surpassing the total funding for the entire 2023 ($10.8 billion).</li><li>Fintech raised the most funds, followed by edtech and ecommerce sectors, while Mumbai emerged as the leading destination for VC funding in October.</li></ul>

VC funding in October crosses $1B mark; sees 11% annual decline

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