US continues to be biggest source of VC investment in India as China shrugs


Source: newschant.com newschant.com

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The United States continues to be the biggest source of Venture Capital, Private Equity investment in India in 2020 with investments virtually doubling to $12.26 billion throughout January to September from $5.56 billion a yr in the past. Nearly half of the investments by varied US-based traders have been made in in Reliance subsidiary Jio. Experts say, the dominance of the US traders will in all probability develop in the approaching decade, together with in filling the hole created by the withdrawal of Chinese traders, who’ve misplaced their second place to the UAE, adopted by Saudi Arabia, thanks to Reliance...