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India-focused VC funds raised $3b last year, up 40% from 2019


India-focused VC funds raised $3b last year, up 40% from 2019
Photo: Pramugdha Mamgain/DealStreetAsia
March 17, 2021
Venture capital (VC) funding in India will likely stay strong this year, carrying on the sharp recovery in investment activity to pre-covid levels during the second half of 2020 after a nearly 60% drop in deal value between April and June last year, according to a report by consultancy firm Bain & Co.
India-focused VC funds raised about $3 billion last year, 40% more than 2019 despite the widespread disruptions caused by the pandemic. The number of active VC funds also grew, with the emergence of new funds such as Inflection Point, Avataar Ventures, Coatue, D1 Capital, while seasoned funds including Sequoia, Elevation Partners, Falcon Edge, and Lightspeed also closed new funds for India investments in 2020, the report noted. ....

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Small VCs making a beeline for start-ups: Report - The Hindu BusinessLine


Small VCs making a beeline for start-ups: Report
PTI
Mumbai |
Updated on
Infused $341 million into domestic start-up ecosystem over past three years
Investments into the start-up ecosystem by micro venture capital funds, investments under $30 million, have jumped manifold to $341 million in the past three years, says an industry report.
In the past decade, micro VCs have emerged as promising players in the domestic start-up investor landscape, providing the much-needed risk capital as well as hands-on mentorship to their portfolio companies as they seek to achieve product market fit and become ready to scale with stable business models.
The number of micro VCs rose to 88 funds in 2020 from just 29 in 2014. The increase in the number is driven by the booming start-up ecosystem, says a joint report by the Indian Private Equity and Venture Capital Association (IVCA) and Amazon Web Services (AWS), along with Praxis Global Alliance. ....

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