India’s early-stage investors struck 405 deals worth $1.4 billion in 2016, a year that marked the return of reason to the venture capital market. The overall volume and value of investments are down from the previous year by 21% and 28%, respectively, according to data compiled by Chennai-based researcher Venture Intelligence.
There’s a little bit of concern around the funding crunch at the Series A stage, the first serious institutional capital round that goes into a start-up. The number of Series A deals last year declined 45% from 2015. On the other hand, the number of seed-stage deals, which precede Series A, have more or less stayed at the 2015 levels.
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.