Times of India has an article showing how 2017 is seeing Strategic Investors replacing Hedge Funds (the stars of 2015) as the key investors in Indian startups. Extract:
Funding led by corporates rose to $1.6 billion in the first four months of 2017, from just $510 million in the whole of last year, as per estimates by startup research firm Venture Intelligence. On the other hand, funding led by hedge funds peaked at $2 billion 2015, came down to $432 million last year and was $116 million in the first four months of this year. There is a similar drop in participation of family offices, pension funds and sovereign wealth funds.
