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[Weekly funding roundup Nov 2-8] VC funding wanes

  • The Indian startup ecosystem witnessed a decline in VC funding during the first week of November.
  • Total funding for the week amounted to $101 million, a significant drop from the previous week's $289 million.
  • The decrease in funding can be attributed to the absence of large deals and the usual slowdown in activity during the year-end months.
  • Despite the decline, the Indian startup ecosystem remains optimistic, with steady VC inflow expected and several startups securing funding.

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