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agreed with the answer of mr.vinod..........
Venture capital (VC) is financial capital provided to early-stage, high-potential, growth startup companies. The venture capital fund earns money by owning equity in the companies it invests in, which usually have a novel technology or business model in high technology industries, such as biotechnology and IT.
Venture capital is to financing of new risky venture promoted by qualified entrepreneur an who lack experience funds to give shape to their ideas...for example grown of venture capital financing in India IDBI, ICICI, SEBI...
Venture capital financing is venture capitalist make investment to purchase equity or debt from inexperience entrepreneur who undertake high risky venture with potential success....
Me too, agreed with mr. Vinod