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VC investment hit five-month low in volume in February, says report

Angel investments have seen a 14-month low in volume

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T E Narasimhan Chennai
Venture capital investment activity has hit a five-month low in terms of the number of deals in February, while there was a slight increase in terms of value, over the previous month. 

The total number of investments during the month stood at 32, with an investment of $241 million as compared to $211 million in 40 deals in January, according to data and analysis firm Venture Intelligence. The investment was also higher on a year-on-year basis, against $160 million in 40 deals during February 2016.

"The activity or number of investments were 20 per cent lower compared to the same period