01578nam a2200169 4500020001800000082002500018100003000043245008100073260003200154300001500186504005100201520101300252650002801265650004601293650004001339700002901379 a978110883634000a332.041540954bJOS-E1 aJoshi, Kshitija,eauthor.14aThe economics of venture capital firm operations in India /cKshitija Joshi. aNew York:bCambridge,c2020 axii, 205p. aIncludes bibliographical references and index. 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"-- 0aVenture capitalzIndia. 0aNew business enterpriseszIndiaxFinance. 0aFinancial services industryzIndia. aJoshi, Kshitija,eauthor