Funding up by 2.3 times in India start-ups: Jefferies

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Indian start-up companies saw a 2.3 times increase in number of private equity (PE) or venture capital (VC) funding deals in 2015, which indicated a significant broadening of the sector beyond e-tailing, a recent Jefferies research note said here.“There was a 2.3x increase in number of PE/VC funding deals in 2015 indicating a significant broadening of the sector beyond e-tailing,” the research note said.

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