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Venture Capital Investors Queue Up From Delhi to Toronto to Fund Tech Startups
- Venture Capital Investors Queue Up From Delhi to Toronto to Fund Tech Startups
- April 16, 2015
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Indian technology startups have emerged the top draw for venture capital investors so far this year, as early stage investors breached $1 billion in investments in the country for the first time in a single quarter.
Between January and March, venture capital firms more than doubled their investments in domestic technology startups from a year ago to $621 million (Rs 3,875 crore), as their appetite increases for pure technology bets in the country's maturing startup ecosystem.
Overall, venture capitalists put $1.1 billion to work across 90 deals in the first quarter, against $362 million across 66 deals in the corresponding quarter last year.
"The heightened investment activity is both a function of t...
- View more at: http://www.1888pressrelease.com/venture-capital-investors-queue-up-from-delhi-to-toronto-to-pr-560981.html
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