Venture capital in India. The requisities to the success of Venture Capital in India.
Rapidly changing economic environment accelerated by the high technological expansion, emerging needs of new generation of entrepreneurs in the process and inadequacy of the existing venture capital funds schemes are indicative of the tremendous scope for venture capital in India and pointers to the need for the creation of a sound and broad based venture capital movement in India. There are many entrepreneurs in India with a good project ideas, but no previous entrepreneurship track record to leverage their firms, handle customers and bankers. Venture capital can open a new window for such entrepreneurs and help them to launch their projects successfully. With rapid international growth march of technology, demand for newer technology and products in India has gone up tremendously. The pace of development of new and indegineous technology in the country has been slack in view of the fact that several processes developed in laboratories are not com