Indian startup funding slips to $969 Mn in November despite IPO rush

After a steady October that ranked as the second highest funded month of the year, Indian startups fell short of the $1 billion mark in November as the market did not see any sizeable rounds. MoEngage’s $100 million raise was the only headline number, while most companies recorded smaller cheques. The month, however, drew attention for a different reason, with Lenskart, Groww, PhysicsWallah, Pine Labs and Capillary Technologies making their market debuts and shifting the conversation toward startup listings.

According to data compiled by…