Overview
According to 1Lattice, this marks a 30% fall in the number of deals at 229 from 318 in the April-June quarter. PhysicsWallah, Zepto, and Rapido were among the top funded startups during the quarter.
Startups raised $10 billion in the July-September quarter, marking a 15% decline in total funding compared to the previous quarter, according to a report by market intelligence firm 1Lattice.
The number of deals also fell by 30%, dropping from 318 in the Q2 (April-June quarter) to 229 in Q3.
Some of the top funded startups during this period include the online coaching platform PhysicsWallah, quick commerce platform Zepto, and ride-hailing unicorn Rapido.