The number of early-stage deals in India may have declined in 2017 but venture capital players are undeterred and feel that this phase is more of a “calibrated growth”.
“I would replace the term caution with strong calibrated growth. VCs should not be in a rush to invest,” Sudhir Sethi, founder & chairman, IDG Ventures India Advisors said at DEALSTREETASIA‘s Asia PE-VC Summit 2017.