Venture Capital investments slid to 78 deals worth $275 million during April-June this year, the lowest in any quarter for such investments in the last three years, said a report.
According to data from Venture Intelligence, investment activity in the second quarter of 2017 was 25% lower compared with the same period in 2016 (which witnessed 104 investments worth $309 million).
The activity level was 7% lower compared to the immediate previous quarter (January-March) which witnessed 84 deals worth $349 million.