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TNewImagehe venture capital industry in India has taken off only in the last six to seven years, but the year 2017 in particular started with a lot of expectation and hope. This hope was built on the fact that a drop in the sentiment of investors in the year 2016 would have led to correction in valuations that the entrepreneurs were expecting. However, the year 2017 proved that it was not just about valuations, it was much more than that. Let me try and enumerate the main issues that determined the key outcomes in the year 2017.

Image: The year 2018 is expected to continue the momentum of venture capital investing in India. Photo: Priyanka Parashar/Mint