India, Nov. 14 -- The post-festive cheer appears to have done little to lift India's startup ecosystem as funding activity lost steam this week. Following signs of a recovery in the preceding weeks, the funding landscape witnessed a sharp pullback between November 9 and November 13 as both deal activity and capital inflows took a major hit.

This week, just nine startups raised a combined $25.2 Mn, marking a steep 90.1% decline from the $255 Mn raised in the previous week. The number of deals also fell 55% from 20 in the preceding week, pointing to a marked slowdown in funding activity.

Funding Galore: Indian Startup Funding Of The Week [Nov 9-Nov 13 ]

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