Overall we see deal values have fallen in the last 3 quarters. Late-stage companies' deal value has fallen secularly over the period, while early and growth-stage companies had a positive blip in the last quarter. But if we look at the current quarter even early/growth stage deal values have fallen. Late stage companies are raising money through debt additionally during the period(refer to Fintech Companies FY 2021 - 2022 YTD Loan Charges by Company)
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