VCs Optimistic On Investments In 03

Bangalore: | Updated: Nov 7 2003, 05:30am hrs
Indicating an upswing in investor mood and confidence, venture capitalists at TieCon 2003, held as part of Bangalore IT.Com 2003, say this year is one of the best times to increase investments, scale up portfolio companies and even look at better realisations through strategic exits.

According to WestBridge Capitals principal, Sandeep Singhal, Most of the companies that we have funded have stabilised. The market is looking up and there is significant business traction. So the plans include increased funding, looking for strategic exits and helping portfolio companies scale their operations.