India Deal Review: Startup funding hits 21-month low in July at $885m, less than half of June

With macro headwinds in the backdrop, fundraising by Indian startups through private equity and venture capital transactions plunged to a 21-month low of $885 million in July this year, showed proprietary data compiled by DealStreetAsia. This is also the first time in many months that fundraising in the country fell below the $1-billion mark.