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Sources: India-based Slice, which has transitioned from a credit card-led fintech to a small finance bank, raised $100M at a ~$450M valuation, down from ~$1.4B (Moneycontrol)

The downround, which marks a nearly 70% correction from Slice's earlier valuation, comes after funding talks with Accel …

We haven't written up this one. Techmeme has the full story — the link below goes straight to it.

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