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[Weekly funding roundup Oct 5-11] VC inflow bounces back but it's no cause for celebtation

  • The second week of October saw a relative bounce back in venture capital (VC) funding into Indian startups, with debt transactions offering the much-needed lift.
  • The total VC funding for the week amounted to $232 million, cutting across 29 deals.
  • However, this rise in VC funding is not a cause for celebration as the upswing was due to a single large debt transaction.
  • The majority of non-debt deals came from the early-stage segment lower in value, indicating challenges in raising funding for Indian startups.

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