The year 2006 definitely hasn’t been a bad year for the Indian digital media business from the POV of venture capital and merger and acquisitions. There were as many as 26 venture capital deals publicly announced. That has brought in about $175 million in VC money alone in 2006. The M&A has also been picking up with more than a dozen deals while the most of figures are undisclosed. Here is a quick compilation.
Key VC deals in the Indian digital media and technology sector