B2C e-commerce funding in India declined 33 percent to $1.6 billion through early November 2026 according to Tracxn Technologies, with rounds falling to 356 from 621 a year earlier. Late-stage and seed funding each dropped roughly 50 percent while early-stage capital remained nearly flat.
Early-stage rounds rose 3 percent to $872 million and accounted for 54 percent of all capital deployed.
The six deals together totaled $399 million, or 25 percent of sector funding.
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fal raised $1.3 billion in a Series F at a $16 billion valuation, led by Bessemer Venture Partners with Nvidia, Sound Ventures, HOF Capital and T. Rowe Price participating, Bloomberg and TechCrunch reported. Bessemer's Talia Goldberg joins fal's board.
Reuters reported that Kalshi wrapped a $1 billion Series G round at a $40 billion valuation while non-sports markets surpassed $1 billion in annualized revenue. The milestones coincide with new NBA and S&P Dow Jones Indices ties even as Utah and the CFTC pursue separate actions over sports contracts.
FuriosaAI said it closed a $620 million (KRW 820 billion) Series D at a $2.9 billion post-money valuation, according to its blog. Bloomberg reports Korea's National Growth Fund put in about $280 million (KRW 370 billion) and international investors $110 million, with Infinitum the largest overseas backer per Korean press. The company says its RNGD accelerator is in mass production and it will produce 20,000 cards this year.
According to reports, Hex has raised $100 million in a Series D at a $1.2 billion valuation while unveiling Hex 4.0. The funding gives the data platform resources to expand teams and push AI-agent workflows to more than 2,500 customers.
Firehawk Defense announced a Series D of more than $150 million at a valuation above $1.4 billion, led by Advent and Rochefort Asset Management, according to the company. CEO Will Edwards says the funding will scale propellant and rocket-motor production, with an expectation of third-largest U.S. propellant output by the end of 2027.
