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State of venture investments in India | TechCrunch

TechCrunch · 9m

In a recent summit organized by Lightspeed India Partners, over 150 investors gathered to discuss the state of venture investments in India. While the Indian startup funding has rebounded in the past few months, there are concerns about over-raising by VC firms and the challenging market conditions faced by late-stage startups. Lightspeed partner Bejul Somaia believes that the current funds raised by Indian VC firms may be larger than what can be responsibly deployed. He also highlighted the need for caution in investment during periods of hyper-exuberance. Additionally, concerns were raised about India's lagging progress in AI research and the need for more infrastructure innovation. Despite challenges, there are optimistic views about the alignment of financing with public markets and the availability of patient capital from sovereign funds and pension funds.