Venture Capital Financing in India: Prospects and Challenges
Seema Bushra1, Javaid Akhter2
1Seema Bushra*, Department of Business Administration, Aligarh Muslim University, Aligarh, India.
2Prof. Javaid Akhter, Department of Business Administration, Aligarh Muslim University, Aligarh, India.
Manuscript received on September 23, 2019. | Revised Manuscript received on October 15, 2019. | Manuscript published on October 30, 2019. | PP: 4661-4666 | Volume-9 Issue-1, October 2019 | Retrieval Number: A1611109119/2019©BEIESP | DOI: 10.35940/ijeat.A1611.109119
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: The study aims to analyze the Venture Capital financing scenario in India, in terms of growth, geographical dispersion, sectoral analysis, and the economic environment relevant to venture capital industry during the years (2007-17. The study finds that India is undergoing a paradigm shift in terms of Venture Capital financing particularly in IT/ITES sector, which register a phenomenal growth of 240% during the period of study. The study brings out that the Indian market attracted Venture Capital funds from even the competitor economies like China. The study also finds clear evidence of spatial proximity effect that the investments are concentrated in certain regions.
Keywords: Dispersion, IT/ITES, Spatial proximity, Venture Capital Finance, Venture Capital.