India’s VC investment sees second-highest quarter on record
Venture capital investment in India grew impressively during the second quarter of 2008. Between April and June, VCs invested a total of $238 million in 17 deals, up 120 percent from the $108 million invested during the same period last year, according to Dow Jones VentureSource. That makes it the second-highest quarter in VentureSource’s records.
The biggest sector was advertising/marketing, which received $89 million. A lot of that money went to a single deal — a… Continue Reading