India will soon have its first online market for venture capital, offering a single platform for fund seekers, investors and other stakeholders to announce their requirements.
The India Venture Board will facilitate primary investments, secondary liquidity and stake sales by venture capital and private equity investors.
The idea was "triggered by the fact that we need to get the whole venture capital ecosystem on a common platform", said Mahendra Swarup, president, Indian Private Equity and Venture Capital Association (IVCA). "It's a very disorganized sector. A lot is happening outside the top cities. The issue is how to bring these opportunities to light."
To read the full, original article click on this link: Online Market For Venture Capital in the Works - WSJ.com
Author: DEEPTI CHAUDHARY
