November 2024: Funding Across Tier 1, 2 & 3 Cities (₹ Cr) The average deal size in Tier 1 cities was ₹60 crore, slightly down from ₹66 crore in October and significantly lower than the September average of ₹116 crore. Meanwhile, Tier 2 & 3 cities witnessed a sharp decline in average deal size, dropping to ₹13 crore from ₹125 crore in October, reflecting a marked slowdown in high-value deals in smaller cities. Note: This does not include secondary and debt deals of unlisted Indian companies. Please note that 88 of our tracked deals were sourced from press reports as the corresponding MCA filings have not been made yet.