As per ET report - VCs invested $81 million over 16 deals in India during the fourth quarter ended December 08.
This is lower than the immediate previous quarter which saw $275 million being invested across 50 deals as well as the same quarter in 2007, when $227 million got invested over 45 deals.
On an average, at least 25 venture capital deals are struck every quarter, but this shrunk to 16 deals in the Oct-Dec quarter, possibly one of the worst periods for investors.
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