Venture Capital funds rush to India, China
April 21, 2008
Venture Capital funds are investing aggressively in India and China as if there is no tomorrow. Most of the funding is going into companies operating in booming sectors like IT, Retail, Real Estate and Biotechnology. A Dow Jones press report has identified that venture capital investments are also flowing heavily into Europe and Israel. Green Technology is another area which is attracting a lot of private equity investments. Mark Heesen who is the president of the National Venture Capital Association (NVCA), told The Wall Street Journal that Germany and Spain are top destinations for startup cash as they are presently the global leaders in employing the green technology.
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