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Indian startup funding: ETtech Deals Digest: Funding crunch continues, investments down 40% in November to $409 million

New-age tech companies raised a total of $409 million in November across 63 rounds, according to data from market research firm Tracxn. Overall funding for the month was down 40% in terms of value compared to a year earlier, when startups raked in $682 million from 136 rounds.

Zepto raises another $31.25 million in Series E round

zepto: Quick commerce startup Zepto raises over $31 million in extended funding round

The fundraise was at the same valuation as the last funding round in August, when it raised $200 million at a $1.4 billion valuation, becoming the first unicorn to be minted in India this year.

Zepto raises another $31.25M from Goodwater Capital, Nexus Venture Partners

Zepto secures additional $31 million in extended funding round

Zepto's back-to-back funding rounds come at a time when auditors have said Dunzo, a competitor, may not even be a going concern in the future.

Zepto secures additional $31 million in extended funding round

Quick-commerce unicorn Zepto has successfully secured an additional $31 million in an extended funding round, according to regulatory filings. This fresh influx of capital comes as an extension of the $200 million funding round that the Mumbai-based company received in August.