Wednesday, July 13, 2005

redherring: Indian Startup Funding Falls

Venture capitalists invested 44 percent less cash in companies founded by Indian entrepreneurs in the U.S. during the second quarter.

Meanwhile, investment in startups in India by U.S. VCs rose to $395 million in the quarter, from $300 million in the year-ago period, according to a separate report from TSJ Media (see VC Investment in India Rises).