As Indian startups continue to experience funding winter, capital raised by them dipped marginally to touch $1.25 billion in December, according to proprietary data compiled by DealStreetAsia. The drop is of about 4% in value over November when startups had collectively scooped up $1.3 billion from risk capital investors.
Deal volume also dropped 22% to 102 transactions in the month from 131 in November as a result of lesser early-stage bets, the data showed.