NEW DELHI: The
Indian VC
industry deployed $10 billion during 2019, the highest ever, and about 55% higher than 2018, driven by increased deal volume and larger average deal sizes, showed a report.
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There has been a 30% increase in deal volume and a 20% increase in average deal size in 2019 over the previous year, according to the Bain & Company’s
India Venture
Capital Report 2020 in partnership with
Indian Private Equity
&
Venture Capital Association
(IVCA).
“Despite the global economic climate, India’s startup and VC ecosystems continue to thrive as investors take a long term view based on the country’s growth potential,” said Arpan Sheth, partner, Bain & Company.
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