Financial Services
Sharp rise in Micro VC investments as 566 startups get $341 mn in 3 years
19 Feb 2021

With India seeing the birth of several hundred start-ups every year, small venture capital (VC) funds have emerged as promising players. Micro VC flow increased 20 per cent in 2020 to $139 million from $116 million a year ago.

The number of deals increased to 88 from 82 in 2019. Micro VCs — those with fund size below $30 million — have infused $341 million into the space through 730 deals across 566 start-ups in the past three years, according to a report by Indian Private Equity and Venture Capital Association and Amazon Web Services co-authored with Praxis Global Alliance.

The full article was originally published on Business Standard

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