No megadeals were reported in the month.
Editor's take: The week that was — Dec 4-9
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Greentech has taken a giant leap in uncertain times, says LeapFrog partner Nakul Zaveri
Europe agrees to landmark AI rules in bid to lead global race
Philippine fintech startups and old players jockey for digital banking
Warburg Pincus president appointed chairman of US-ASEAN Business Council
GoTo confirms it is in talks with TikTok over a potential e-commerce partnership
Saudi’s optimism in Hong Kong signals deepening China-Gulf investment ties
Fundraising in the region hit below the coveted $1 billion mark for the seventh time this year in October.
There were 10 mega deals in the month.
Automobile was the most funded industry in Oct with total investments worth $270m across 2 deals.
The top three deals accounted for over half of the total deal value.
There were only four megadeals in the month.
On a year-on-year basis, the deal value in September was up 20%.
Deal volume was the highest so far this year at 257.
There were only two megadeals deals, among the 49 transactions in the month.
The minting of Zepto as India’s first unicorn in nearly a year was the only silver lining in the month.