000 01631nam a2200193 4500
999 _c27521
_d27521
020 _a9781108836340
082 0 0 _a332.041540954
_bJOS-E
100 1 _aJoshi, Kshitija,
_eauthor.
245 1 4 _aThe economics of venture capital firm operations in India /
_cKshitija Joshi.
260 _aNew York:
_bCambridge,
_c2020
300 _axii, 205p.
504 _aIncludes bibliographical references and index.
520 _a"This book studies diverse categories of venture capital (VC) firms in India based on their ownership type (domestic versus foreign), stage of investment (early versus growth stage), and VC investment team composition (entrepreneurial experience versus investing experience). For each category of VC firms, the nuances in their investment, portfolio involvement, and exit strategies are separately analysed. Employing the framework of information asymmetry, the book studies how different categories of VC firms rely on distinct mechanisms such as deal syndication and domain specialization to address the ensuing adverse selection and agency risks. It also delves into the macro context by assessing whether the emergence of VC in India has been driven by 'pull' or 'push' factors. This is accomplished by analysing in depth the supply and demand of VC funds. Finally, it critically reviews the existing policies of entrepreneurial finance and arrives at recommendations for future directions of the same"--
650 0 _aVenture capital
_zIndia.
650 0 _aNew business enterprises
_zIndia
_xFinance.
650 0 _aFinancial services industry
_zIndia.
700 _aJoshi, Kshitija,
_eauthor
942 _2ddc
_cBK