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Start-up Street: In spite of risks, venture capital stakes high in cryptocurrency in India
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moneycontrol.comIndian cryptocurrency start-ups saw a spike in private equity and venture capital (PE-VC) investments in 2021, taking the total investments in the sector to a historical high of $485 million – compared to just US$24.4 million in 2020. The bulk of the investments (over 88%) happened during the second half of the year.
Start-ups focused on other aspects of blockchain technology (i.e., not directly involved with cryptocurrencies), have attracted just $17 million across five VC investments in 2021. India has...
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