Start-ups is the new flavour for venture capital (VC) investors in 2011. With 93 deals worth $510.98 million already between January and July compared to 69 deals worth $282.21 million in the corresponding period in 2010, the start-up space is finding much traction. As per the VCCEdge data, total investments in start-ups in 2010 were 147 deals worth $728.52 million.
With a slew of investments happening across a spectrum of start-ups ranging from consumer discretionary, consumer staples, financials, healthcare, industrials, telecommunication services and utilities, the story is no more just limited to the e-commerce space. The ecosystem for the Indian entrepreneur who hitherto depended on just family and friends to fund his enterprise is fast evolving into a comprehensive one.
To read the full, original article click on this link: VCs get gung-ho about start-ups
Author: SARIKA MALHOTRA
