🆕Indian tech and startup funding fell to $693.8 million across 101 rounds in October, down 22.8% from September and 50.5% lower than the same month last year, according to data from Tracxn.

In the final week of October, funding fell to $111.1 million across 26 rounds, down 54.8% from the previous week and 58.6% lower than the same period last year. Early-stage deals accounted for 75.4% of the weekly funding, while seed-stage rounds made up the remaining 24.6%.

🆕 New-age beauty and personal care brands posted strong revenue growth in FY26, with some doubling or tripling sales, aided by products tailored to niche requirements and newer marketing approaches, including influencer-led social media campaigns targeting young consumers.

🚨 The strong growth for these relatively newer brands that market their products as science-backed and proven to fix specific problems comes when several early-generation D2C brands are facing challenges of scaling at a more mature stage of their businesses.

🆕 A surge in cyberattacks on Indian organisations including State Bank of India, Central Bank of India, Bharat Electronics and hundreds of NBFCs has triggered a wave of cyber insurance claims, with insurers facing estimated losses of thousands of crores over the next few months.

👉 While businesses rush to enhance their cyber insurance cover, the incidents have triggered a debate over whether existing policies adequately cover emerging cyber risks.

🆕ETtech #DealsDigest | Indian tech and startup funding fell to $693.8 million across 101 rounds in October, down 22.8% from September and 50.5% lower than the same month last year, according to data from Tracxn.

In the final week of October, funding fell to $111.1 million across 26 rounds, down 54.8% from the previous week and 58.6% lower than the same period last year.

🚚Delhivery reported a 20% YoY increase in operating revenue to Rs 3,066 crore for the September quarter, led by growth in its transport services business.