Though funding by PE\/VC firms in start-ups have slowed down in recent times due to lack of viable business models among the start-ups, PE\/VC investors have still fuelled growth of budding industries in newer economy areas like e-commerce, fintech, and microfinance, reports fe Bureau in New Delhi. According to a Venture Intelligence report, in the six-year period between 2011-2016, PE\/VC firms invested over $72 billion in Indian companies, which is over 6.5 times what India Inc raised through initial public offerings during the same period. The report states that the growth rate in PE\/VC funding has outstripped that of IPO markets. For example, the CAGR of capital raised from IPOs during this period was about 8%, whereas the CAGR of PE\/VC investments was about 14.9%. You May Also Want To Watch: [jwplayer DAeTD2f7] However, the annual growth rate of profits for PE-\/VC-funded companies during this period has been the lowest at -73%. This, according to the report, is understandable because the firms funded by PE\/VC investors are in the growth phase, where the firms concerned would have to make significant investments and also incur significant new expenditures.