Kyle Stanford March 03, 2016
The VC investment climate in India is about as hot as June in the country's northern state of Rajasthan (um, very hot). U.S. venture capital invested in India jumped from $900 million in 2013 to more than $5.3 billion in 2015, according to the PitchBook Platform. During the timeframe, 94 U.S.-based VC investors have been active in India, together completing 418 deals worth almost $10.3 billion. The country looks to help those numbers continue to climb with its recently rolled-out 2016/2017 annual budget. Included are several tax benefits for startups and their investors, such as the 100% deduction of profits for three of the first five years from founding for startups established between April this year and March 2019.
Here are the most active U.S. investors in India since 2013, along with their deal counts:
1. Sequoia Capital (54)
2. Accel Partners (50)
3. Orios Venture Partners (18)