CB Insights, a reputed tech research firm, recently came out with a report on India’s most active investors. According to this study, Blume Ventures, with 76 investments and Sequoia Capital India, with 55 investments, have been the two most active VC funds in India over the last five years.
Now activity, as measured in the number of investments, is a somewhat quixotic metric to measure a VC. It is easy enough to measure of course but is admittedly not a proxy for excellence or success. But it be a meaningful metric that can be parsed to provide deeper insights into how VCs view investing in India in general and specifically how they think through portfolio construction.