India VC up 120 percent
Posted on 22nd August 2008 by llamasonic
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photo by vikramwalia
I’m tempted to move to India for a year. I’ve never visited however I have family staying in Kerala and Calcutta. I’d like to experience the incredible growth that’s going on there first hand. How’s broadband in India now?
Venture capital investment in India grew impressively during the second quarter of 2008. Between April and June, VCs invested a total of $238 million in 17 deals, up 120 percent from the $108 million invested during the same period last year, according to Dow Jones VentureSource. That makes it the second-highest quarter in VentureSource’s records.
via VentureBeat
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