Media Mentions: VC and angel investment on slow track in February - Times of India & Business Standard
From the Times of India report:
Indian startups may need to brace up for a fund squeeze with VC and angel investments touching new lows in February. According to data from Venture Intelligence, VC investments touched a 5 month low while angel investments hit a 14 month low in February.
With 32 VC investments worth $241 million, activity levels in February 2016 were 20% lower than February 2015 and 36% lower than the average activity witnessed in the Oct-Dec quarter. Data from the research firm shows that except for a slight uptick in series B funding, all other categories saw a dip or remained flat.
From the Business Standard report:
The angel, seed, Series A, Series C and Series D investments were down compared to the previous months, while there was a minor increase in terms of number of investments into Series B. Angel investment has seen a 14-month low and declined to 21 deals during February 2017, compared to 49 deals during the same month of last year.
