An Economic Times article reports on IFC to chase more early stage investments from the “current sweet spot of Series B and later”. The firm has “actively started discussions, mapping the space, talking to them (funds), and understanding what the strengths are, which sectors and sub-sectors people are playing in” – Ruchira Shukla, Regional Lead – South Asia, Venture Capital – IFC
The article also quotes Venture Intelligence data on PE/VC investments in 2016:
Venture capital investments for the period January to September 2016, dropped to 285 deals, totalling $1.03 billion, compared to 390 deals, with a cumulative value of $1.6 billion, for the comparable 12-month period a year ago, according to Venture Intelligence.
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