Rise in the confidence of investors willing to pay top dollar
As venture capitalists have hurried to get the best in India’s fast growing starting market, we can find a sudden rush of money coming into selected set of many emerging business companies. In the coming year more than half a dozen of sectors like e-commerce, mobile internet, big data, technology services and makers of software products are going to receive a huge share of risk capital funding.
The rise in the online retail portal and a vibrant starting industry where more than two new companies open up on regular basis and backing of the new business friendly government has helped in raising the confidence of several investors who want to pay top dollar for best in quality companies.
The managing director of an early stage investment company Kalaari Capital said that India’s marketing sector is not a story but in reality there is a lot of consumption. The company at start up level has been successful in closing five deals this very year with online jewellery retailer BlueStone and data analytics firm Germin8. In this year the fund has already helped in closing six investments in many companies like online property listing portal housing, online test preparation portal Toppr and mobility enterprise company RapidValue.
Source: The Economic Times
Ben S Bernanke, chairman, GDP, Insurability, Janet Yellen Rosenberg, Markets, settlement option, The Blackstone Group, Wall Street, Washington, Wealth managers
