Unfazed by fears of a slowdown, Venture capital funds continue to pump money into tech startup
NEWS RELEASE - 31 JULY 2008
If dismal quarterly results and hammered stocks are painting a bleak picture of the tech sector, here is the proverbial silver lining. Venture Capitalists (VCs) are surprisingly upbeat. Last week alone, five companies in India have raised funds from VCs like Intel Capital, SAP Ventures, Canaan Partners, Helion Venture Partners and SVB India Capital Partners (venture fund
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