VC funding in Indian cos dips by 43%

 Venture capital (VC) firms invested $475 million over 92 deals in India in 2009, the data compiled by research firm Venture Intelligence in association with Global -India Venture Capital Association showed. VC funds had invested $836 million across 153 deals in 2008.

However, during the fourth quarter of 2009, VC funds have made 42 investments worth $265 million –— higher than that during the same period in 2008. The figure was more than double of the 23 investments worth $102 million made during Q4 2008.

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