Deals Digest: Funding momentum declines on a high base due to ITC deal last week

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Credit: 123RF.com

Private equity and venture capital investments this week dipped on a high base from the preceding week. To be sure, last week’s funding value was propelled by a mega deal where global investor GIC bought a stake in India’s largest tobacco company ITC. This week, companies raised $408 million in a healthy ......

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