Indian startup funding plummets below $600 Mn in July: Entrackr Report

Startup funding activity in India fell to its lowest point this year in July, with a 38% decline month on month from $960 million in June to just $598 million. The absence of any $100 million plus deals highlighted the cautious sentiment among investors. Notably, without a couple of pre-IPO rounds and large checks for India cum US-based startups, the total would have been closer to $400 million. Despite the sluggish funding inflow, July brought good news on the public markets front…