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August 29, 2017

Exuberance of 2015 in the past, number of startups being founded nose dives: Deal Street Asia

A Deal Street Asia article covering the fall in startups being founded in India, quotes Venture Intelligence data on Venture Capital Investments:
The year 2017 has seen the numbers dwindling further. According to Venture Intelligence, VC investments in India plunged to a three-year low in the second quarter of (CY)2017 to 78 deals worth $275 million during the three months ended June 2017, 25 per cent lower compared to the same period in 2016. It was also 7 per cent lower than the previous quarter, which recorded 84 deals worth $349 million.

Venture Intelligence is India's longest serving provider of data and analysis on Private Company Financials, Transactions (private equity, venture capital and M&A) & their Valuations in India.