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While the funding raised by Indian startups remained flat quarter-on-quarter at $3.1 Bn in the first quarter of 2025, investors continued to accumulate dry powder. A total of 23 funds worth over $3.2 Bn were launched in the March quarter to back Indian startups, as per Inc42’s ‘Indian Tech Startup Funding Report, Q1 2025’.
Amid the ongoing debate over the lack of deeptech innovations in the country, a limited investor interest in deeptech was seen in new fund launches in Q1 as well.
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