Abstract:
Venture capital and private equity
(VCPE) have been evolving
as a separate asset class and a
potential source of corporate
finance; in developing economies like India,
VCPE supplements the traditional sources of
resource mobilization, such as public equity
issues, private placements, and external
commercial borrowings ( Jain and Manna
[2009]). The role of VCPE investments in
fueling business creation, innovation, and
growth in India cannot be undermined.
