More capital flowing to Indian entrepreneurs relative to GDP than in other countries
Topics
Startups | Private Equity
India’s entrepreneurial ventures, including start-ups, have been widening their lead over those in other emerging markets in terms of capital attracted vis-à-vis the economic size of the country concerned. Private equity and venture capital funding relative to gross domestic product (GDP) also beat developed economies.
India attracted $34.9 billion in private equity funding in 2020, shows the data from tracker Refinitiv, a London Stock Exchange Group business. This works out to 1.3 per cent of gross domestic product in (current) dollar terms, based on the …
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First Published: Thu, November 11 2021. 19:26 IST
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