Business Standard

August sees 2nd highest VC investments in a month in 2017 at $440 mn

Early-stage investments remains sluggish, says Venture Intelligence data

Mutual funds
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Mutual funds

Gireesh Babu Chennai
Venture capital (VC) investments during August have seen 34 deals worth around $440 million, making it the second highest investment in a month during 2017. In August, VC investments have seen a growth of 140 per cent in terms of value, compared to $180 million in investments during the month of July this year.

However, the VC investments during the month were lower by four per cent compared to the investment of $458 million in 37 deals during August last year.

The growth during August, compared to July, was led by growth capital, while angel investments remained in a sluggish

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