August 2024: Avg. Deal Size for Tier 1-3 City Startups (₹ Cr) The average deal size in Tier 1 cities soared to ₹140 cr, nearly doubling from ₹77 crore in July. On the other hand, Tier 2 & 3 cities recorded an average deal size of ₹30 cr, down from ₹169 cr in July and more than double of June average. Note: This does not include secondary and debt deals of unlisted Indian companies. Please note that 114 of our tracked deals were sourced from press reports as the corresponding MCA filings have not been made yet.