Venture capital deals in India more than double to $14.4 bn
The Hindu
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Venture capital (VC) investments in India more than doubled from its previous quarterly high of $6.7 billion in Q2 of calendar 2021 to $14.4 billion in Q3, according to KPMG’s Private Enterprise’s Venture Pulse report.
The country saw 498 VC deals in the quarter, up from 376 in the previous quarter. Also, India accounted for four of the largest deals in the Asia-Pacific in the July-September period.
Q3 witnessed strong IPO activity, which would be stronger in the current quarter, the report indicated.
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