Did Venture Capital Promote Innovation in India?
Seema Bushra1, Javaid Akhter2

1Seema Bushra*, Department of Business Administration, Aligarh Muslim University, Aligarh, India.
2Prof. Javaid Akhter, Department of Business Administration, Aligarh Muslim University, Aligarh, India.

Manuscript received on October 14, 2019. | Revised Manuscript received on 22 October, 2019. | Manuscript published on November 10, 2019. | PP: 2409-2413 | Volume-9 Issue-1, November 2019. | Retrieval Number: A4335119119/2019©BEIESP | DOI: 10.35940/ijitee.A4335.119119
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)

Abstract: The study exhorts to ascertain the general perception that Venture Capitalists fund innovative technology projects in the Indian context using primary and secondary data. A structured questionnaire was used to elicit response from 101 (sample) out of 134 (Population) SEBI registered and active Venture Capital firms in the recent past. The study analyses the mode of funding by Venture Capital firms and their geographical dispersion. The study ascertains whether Venture Capital firms have enabled innovation in the Indian context during the recent past or not. Finally, the study concludes that Venture Capital Investments have not been very enabling for innovative technologies in the Indian context, which is contrary to the relevant literature available in the context of USA and other developed nations.
Keywords: Innovation, Investments, Start-up, Technology, Venture Capital.
Scope of the Article: Nano Technology