Indian Venture Capital Firms Face Weakest Fundraising Since 2015
Indian venture capital firms are experiencing their most challenging fundraising environment in over a decade, raising only $820 million across 32 funds by mid-June, according to PitchBook data reviewed by Economic Times. This marks the weakest fundraising performance since at least 2015. Limited partners are becoming more selective, delaying fresh commitments, and increasingly evaluating fund managers based on prior cash returns. Some multi-regional funds, like Peak XV's $1.3 billion vehicle, partially offset this trend.