@article {Annamalai63, author = {Thillai Rajan Annamalai and Vishal Prasad Kamat}, title = {The Tigers and Their Stripes: Types of VC Firms and Their Investment Patterns in India }, volume = {15}, number = {2}, pages = {63--74}, year = {2012}, doi = {10.3905/jpe.2012.15.2.063}, publisher = {Institutional Investor Journals Umbrella}, abstract = {The venture capital and private equity industry in India has grown significantly in recent years. Using data from 2004{\textendash}2008, a life cycle analysis provides findings that can impact the long-term growth of the industry. A large proportion of the deals are Round 1 investments, with a dramatic drop in subsequent 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, 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, financial crises and financial market history}, issn = {1096-5572}, URL = {https://jpe.pm-research.com/content/15/2/63}, eprint = {https://jpe.pm-research.com/content/15/2/63.full.pdf}, journal = {The Journal of Private Equity (Retired)} }