Sharp rise in Micro VC investments as 566 startups get $341 mn in 3 years

Know more→

Mobility Energy and Transportation

Financial Services

Sharp rise in micro vc investments as 566 startups get $341 mn in 3 years

19 Feb 2021

1 min read

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

Disclaimer: The text, images and content here have been reproduced from the original publisher. Praxian Global Private Limited does not claim any ownership or right to use of this content and the rights belong to the publisher. We have contributed our perspectives, which are often proprietary, to the content publisher. We or the publisher have no obligation to update or refresh the content or our perspectives shared herein.

Ready to talk?

I want to talk to your experts in:

We work with ambitious leaders and transformative clients who are defining the future. Together, we achieve extraordinary outcomes.

Sharp rise in Micro VC investments as 566 startups get $341 mn in 3 years | PraxisGA