India’s entrepreneurial ventures, including start-ups, have been widening their lead over those in other emerging markets in terms of capital attracted vis-à-vis the economic size of the country concerned.
Private equity and venture capital funding relative to gross domestic product (GDP) also beat developed economies.
India attracted $34.9 billion in private equity funding in 2020, shows the data from tracker Refinitiv, a London Stock Exchange Group business.
This works out to 1.3 per cent of gross domestic product in (current) dollar terms, based on the World Bank numbers. There may be some differences because fiscal and calendar year endings vary in countries like

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