Making India a hub of venture capital

posted by   kjohn (224)   24 months ago (news.com.com)

Venture capital is cascading into Bangalore, Hyderabad and the country's other technology hotbeds as investors try to fertilize one of the fastest-growing economies in the world. Venture capital investment in India surged 400 percent, to $3.6 billion, during the first half of 2006, compared with the same period last year, according to the Asian Venture Capital Journal.