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Joy for foreign angels as Indian start-ups grow

Investments in 2015 reach a record high of $46.4 million with 193 deals

Patanjali Pahwa & Abhineet Kumar  |  Mumbai 

In the start-up ecosystem, 2015 was about fervent investments in the first half and introspection in the second. While most major venture capital (VC) firms decided to slow down, one brand of investors, angels, still found joy and value in a space greatly overvalued. In 2015, angel investments touched a record high of 193 deals worth $46.4 million, compared with 58 deals worth $21.7 million in all of 2014. In 2016, the numbers — 56 deals worth $15 million — are on track to match if not cross the 2015 mark. There is also a quiet introduction of foreign angel networks that have ...

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