The last three years have seen a significant expansion of the venture capital industry in India, as nearly a dozen funds raised billions of dollars to invest in local startups.
Even as several of these funds witness a steep rise in the valuations of portfolio companies, large global investment firms too are stepping in to bet on fast-growing companies in sectors ranging from consumer internet to online retail, enterprise software and healthcare.
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To read the original article: India’s venture capital industry witnessing a surge of activity - The Economic Times
