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Days Of Dumb Money Are Gone In Venture Investing: Nikhil Kapur, GREE Ventures

by dealstreetasia.com posted 1year ago 712 views
The success of Amazon and Uber in India, and the country’s market not responding in correlation with the money being pumped in, has made venture capital firms cautious about investing in “localized copycats”, and this has in turn led investors to reduce the valuations of local e-commerce firms, says Nikhil Kapur, investment manager at Japanese VC firm GREE Ventures.