ABSTRACT
Global experience, particularly that of the US, depicts that speculative financial investments, particularly venture capital (VC), is an important source of capital for MBT innovations. Therefore, this chapter examines the role of VC in India’s MBT sector. While the available empirical evidence suggests an increasing trend of VC investments across sectors over time, the share of the MBT sector comparatively is currently low. However, the chapter argues that these increasing trends are going to reflect in the MBT sector as well over time given the various kinds of incentives extended by the Indian state both to MBT start-ups and VC investors.
