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Laxman Pai, Opalesque Asia: Venture capital AUM in South Asia has steadily grown over the past 10 years, reaching $15bn as of December 2018.
Fundraising in the region peaked in 2015 when 23 funds secured a combined $3.5bn.
Aggregate capital raised declined sharply the following year but has gradually recovered since.
At $1.6bn, SIDBI in Lucknow, India has raised the most of any venture capital firm in the region over the past 10 years.
The dominance of the Indian venture capital ecosystem within South Asia is undisputed: the country is home to all of the top 10 South Asian venture capital firms by aggregate capital raised.
The annual aggregate value of venture capital deals in South Asia reached a record $10bn in 2017, which was the highest regional total recorded across Asia, excluding Greater China, during that year.
Deal-making remains buoyant in 2019, and ongoing government support together with a strong economic outlook should secure the future growth of the venture capital industry in South Asia.
The booming market in India
India has enjoyed a robust and growing start-up culture in recent years. Over $10bn was invested in the Indian venture capital ecosystem in 2018.
Of which 50% went to 9 startups including unicorns like hotel aggregator Oyo Rooms, Swiggy in food delivery, and ed-tech startup Bjyu's.
India has been the fastest-growing economy in the world since 2014 and is on course to overtake the UK in th...................... To view our full article Click here
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