E-commerce garnered 9.7% of all the private equity and venture capital (PE & VC) funding in the country till mid-June this year, attracting $416 million, according to data from investment research firm Venture Intelligence.
In the same period in 2013, the sector got 3.7% of PE & VC funding, valued at $145 million.
Overall, the PE/VC investment in the country for this year till mid-June stood at $4,298 with 183 deals.
Reflecting the consolidation in the sector, the number of deals decreased to 17 this year from 20 last year.
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