According to Inc42 DataLabs, since H1 2015, over 906 VC funds have participated in the Indian tech startup funding. The launch of several new VCs funds and entry of international VC funds in India has led the growth of VC participation in the startup funding in the country.
As revealed in Inc42’s Indian tech startup funding report, during H1 2017, about 191 VC funds participated in the Indian tech startup funding.
Breaking down the data further revealed, that about two or more venture capital firms participated in 175 deals, about 69 deals saw the participation of three or more VCs. Whereas, about 60 deals witnessed more than four VCs’ participating.
Most Active VC Funds: Indian Tech Startup Funding H1 2017
In this article, we would like to highlight the top VC funds that participated in Indian tech startup funding in H1 2017, based on the number of deals they participated in and were publicly disclosed.
Accel Partners and Blume Ventures were the most active VC funds for the period H1 2017, with 11 deals each. They are followed by Sequoia Capital and IDG Ventures India with eight deals. Kalaari Capital and Nexus Venture Partners stood third with six deals each.