Deals Digest: Funding activity slumps in post-Diwali week

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Credit: 123RF.com

Private equity and venture capital deals took a dive in both value and volume terms, as the festival of Diwali limited activity through the week. With no significant transaction this week, the total value of deals by private companies slumped to below $50 million, for the first time in 2023. The phenomenon ......

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