Micro VC investments have grown by 62% in the past three years: Report

With increasing entrepreneurship action and with startups needing more risk capital to move from proof of concept to product-market fit, micro VCs -venture investors filling the financing gap between an angel investment and the first institutional round for startups- has grown almost 3x in the past six years.

Considered as upstarts of the VC world, the number of Micro VCs (investors with fund sizes of $30 million or less) has grown from 29 in 2014 to 88 in 2020, finds a new report by Praxis Global Alliance along with Indian Private Equity and Venture Capital Association (IVCA).

The full article was originally published on Financial Express