India: Hedge funds slow pace of investment in start-ups

Freedigitalphotos.net (by Stuart Miles. Image ID: 100328922)

Hedge funds Valiant Capital, Falcon Edge Capital, Steadview Capital, Tybourne Capital and Hillhouse Capital, which were actively funding Indian consumer Internet start-ups last year and early this year, appear to have slowed the pace of their investments—yet another development that points to some cooling in the over-heated dotcom world.

In the first four months of 2015, these hedge funds made 14 investments in Indian start-ups. Since then, they have made only four, data from Bloomberg shows.

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