Venture capital funding for Indian startups plunged below $100 million in the last week of November, totaling only $77 million across 20 deals. This marked the sixth instance this year of weekly funding falling below this threshold. The previous week had seen a substantial $575 million raised, largely due to a single $350 million deal. The week was characterized by a lack of significant investments, with no deals exceeding $50 million. Despite the downturn, optimism persists as many VC firms are successfully raising new funds, indicating available capital, though investors remain cautious about funding decisions.

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