See report of Rafiq Dossani, Stanford University & Asawari Desai, TiE Inc at
http://iis-db.stanford.edu/pubs/21184/Risk_Capital_India_June_2006.pdf
The study reviewed the private risk capital industry in India, covering angel investments, venture capital, private equity and other funding sources1 available for early-stage firms. 175 capital providers, venture-funded firms, regulators and policymakers were interviewed and 42 respondents completed questionnaires
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