SITTING ON A PILE
1 The current high levels of VC dry powder, during a phase of slowdown, is a first for India
2 Fund managers are under no pressure to deploy, as limited partners (LP) prefer a reasonable investing pace over the frenzy of 2021
3 As international LPs may shift their attention to other markets and asset classes, Indian VCs seek to ensure their cash reserves last longer
4 International investors remain bullish on the long-term growth prospects of India
5 Many first-time foreign LPs are expected to enter the Indian private markets due to China’s crackdown on tech firms
This story is from the January 22, 2023 edition of Business Today India.
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This story is from the January 22, 2023 edition of Business Today India.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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