SynopsisData from market intelligence firm PitchBook, reviewed by ET, shows Indian VCs have raised just $820 million across 32 funds as of mid-June, putting the industry on track for its weakest fundraising since at least 2015. The data only partially captures some multi-regional vehicles such as Peak XV’s recently announced $1.3 billion fund, which spans India Seed, India Venture, and APAC mandates.Indian venture capital (VC) firms are staring at their toughest fundraising year in more than a decade, as limited partners (LPs) grow more selective, fresh commitments take longer to secure, and fund managers are increasingly judged on their ability to generate cash returns from the previous startup cycle.Data from market intelligence firm PitchBook, reviewed by ET, shows Indian VCs have raised just $820 million across 32 funds as of mid-June,Now Playing
Capital Call: Indian VCs face toughest fundraising market in a decade - The Economic Times
Data from market intelligence firm PitchBook, reviewed by ET, shows Indian VCs have raised just $820 million across 32 funds as of mid-June, putting the industry on track for its weakest fundraising since at least 2015. The data only partially captures some multi-regional vehicles such as Peak XV’s recently announced $1.3 billion fund, which spans India Seed, India Venture, and APAC mandates.
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