Indian venture capital (VC) firms are staring at their toughest fundraising year in more than a decade, as limited partners (LPs) grow more selective, fresh commitments take longer to secure, and...
Indian venture capital (VC) firms are staring at their toughest fundraising year in more than a decade, as limited partners (LPs) grow more selective, fresh commitments take longer to secure, and fund managers are increasingly judged on their ability to generate cash returns from the previous startup cycle.Data from market intelligence firm PitchBook, reviewed by ET, shows Indian VCs have raised just $820 million across 32 funds as of mid-June,