@article {Rajan72, author = {A. Thillai Rajan}, title = {A Life-Cycle Analysis of VC-PE Investments in India}, volume = {14}, number = {1}, pages = {72--82}, year = {2010}, doi = {10.3905/jpe.2010.14.1.072}, publisher = {Institutional Investor Journals Umbrella}, abstract = {The venture capital and private equity industry in India has grown significantly since 2004. Using data from the years 2004{\textendash}2008, the life cycle analysis provides findings that can impact the long-term growth of the industry. The author{\textquoteright}s results indicate that a large proportion of the deals are round 1 investments with a dramatic drop in subsequent investment rounds. Most investments are in late-stage financing and take place many years after the incorporation of the investee firm. The industry is also characterized by the short duration of the investments. To ensure long-term growth of the industry in India, more investments should be made in early-stage financing, investors should stay invested for a longer duration, and larger rounds of funding should be made in the portfolio companies.TOPICS: Private equity, emerging, quantitative methods, portfolio construction}, issn = {1096-5572}, URL = {https://jpe.pm-research.com/content/14/1/72}, eprint = {https://jpe.pm-research.com/content/14/1/72.full.pdf}, journal = {The Journal of Private Equity (Retired)} }