VC Investment in India: IT & ITES Sector received 67% of VC Money in Q1


The Indian IT and ITES sector has received $87mn VC investment in Q1 – 2/3 of the total $144mn investment made in Q1, as per report by VentureIntelligence

The good news is that online services have attracted 75% of the deal – with ClearTrip leading the investment race ($18.75mn)

Quick Stats

  • Total Deals : 21 (while there were 28 deals announced in Q1 2007, a sharp decline of 25%).
  • Max. Deal Size: $18.75mn (ClearTrip)
  • Close to 50% (10 out of 21) deals were in the range of $5-10 million.
  • $87 million via 14 deals

Further, Deeya Energy attracted ($15 million) investment from New Enterprise Association, Soham Renewable Energy ($15 million) from D E Shaw and Ikya Human Capital ($8 million) from India Equity Partners. [via]

Leave a Reply

Sign Up for Our Newsletters

Get notified of latest industry interviews and insights!

You May Also Like

Microsoft Reveals All The Editions That Windows 10 Will Ship In

Windows 10 Home will be a consumer-focused desktop edition, Windows 10 Mobile will be the touch-optimized version for small screened devices such as phones and tablets. Further, Windows 10 Pro will serve small businesses, and these three versions will be the ones that the company delivers for free. Apart from these Microsoft will have Windows 10 Enterprise, Windows 10 Education, and Windows 10 IoT Core.
View Post

Mobile Based Social Enterprise, Awaaz De Raises Funds In Angel Round

Awaaz De provides technology solutions and services for development sector organizations to connect with underserved communities. It develops cost-effective, easy-to-use communication and data collection tools that work on mobiles and landlines, breaking language and literacy barriers. Awaaz De clients use their applications for health, education, microfinance, and agriculture to increase the impact.
View Post