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January 30, 2017

IDG Ventures India closes Rs $200 M fund: Economic Times

An ET article quotes Venture Intelligence data of VC fund raising in India:
Led by local affiliates of Silicon Valley heavyweights, Sequoia Capital and Accel, VC (with) funds dedicated to India raised $2.2 billion in 2016, up from $1.5 billion in the previous year, according to Venture Intelligence. Another VC fund which made a final close in 2017 was Saama Capital, which mopped up $58 million for its third fund. 
Venture Intelligence is India's longest serving provider of data and analysis on Private Company Financials, Transactions (private equity, venture capital and M&A) & their Valuations in India.