PT - JOURNAL ARTICLE AU - Thillai Rajan Annamalai AU - Vishal Prasad Kamat TI - The Tigers and Their Stripes: <em>Types of VC Firms and Their Investment Patterns in India</em> AID - 10.3905/jpe.2012.15.2.063 DP - 2012 Feb 29 TA - The Journal of Private Equity PG - 63--74 VI - 15 IP - 2 4099 - https://pm-research.com/content/15/2/63.short 4100 - https://pm-research.com/content/15/2/63.full AB - The venture capital and private equity industry in India has grown significantly in recent years. Using data from 2004–2008, 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