PE and VC firms raised $4.9 billion via India-focused funds in 2016

Private equity (PE) and venture capital (VC) firms set new fund-raising milestones and raised a combined $4.9 billion in 2016 across 33 India-dedicated funds, according to research and analytics firm Venture Intelligence.

This was 9% more than the corresponding figure in 2015, when a total of $4.5 billion was raised by PE and VC firms across 27 deals.

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