A buoyant venture capital (VC) industry has arrived into the new calendar year with $7 billion of dry powder, or capital left to invest, having already deployed a record $10 billion across India’s startup ecosystem, according to a study undertaken by Bain & Company.
In its India Venture Capital Report 2020, the global management consultancy firm predicted the pace of investments by risk capital players in Asia’s third-largest economy to remain strong despite continuing economic uncertainty across the world, indicating the robustness of its emerging digital economy.
