India’s top VCs face fresh obstacles as startup investment plummets

High-flying venture investors in India managing hundreds of millions of dollars are tempering expectations, making early-stage startup bets that in best-case scenarios they hope will return 3-5x invested capital. Several leading India investors, including Peak XV Partners, Elevation Capital, Lightspeed, Nexus and Accel, have raised $500 million-plus in the past two years, emboldened by earlier … Continue reading India’s top VCs face fresh obstacles as startup investment plummets