18 funds occupy already raised $1.74 bn; Asia dry powder pegged at $173.4 bn
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India-centered funds | Mission Capital | funds
Industry consultants acknowledged funding would drift into unhurried-stage and development-stage corporations but the speculative early-stage ones would watch a slowdown
India, which has turned out to be a rapidly-growing unicorn marketplace, is prodding challenge capital (VC) funds to reduction raise extra capital. Per Preqin, an different assets files and intelligence platform, India-centered funds are raising about $9.8 billion for the calendar year 2022. Nonetheless, closure of the funds is taking time.
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First Printed: Mon, June 20 2022. 18: 44 IST