Nikkei has a report on VC investments in India quoting Venture Intelligence data. Extract:
While venture businesses for Internet services continue to draw attention, venture capital investment in the first three months of this year totaled 68 in number and $314 million in value, according to Venture Intelligence, the research arm of TSJ Media. The number of investment roughly dropped in half from a year earlier and was the smallest in 11 quarters.
...Venture capital investment in business-to-consumer (B2C) companies is expected to keep decelerating, said Arun Natarajan, CEO of Venture Intelligence. But opportunities to raise funds are increasing for business-to-business (B2B) startups as investment in them is continuing, he said.
