Venture Capital Market consists of those wealthy individual investors, firms, institutions, and companies who provide venture capital for all stages of financing the entrepreneurial ventures- debt and equity capital.
Venture capital concept was developed in western countries to fulfil the requirement of providing non-conventional, risky finance to new ventures based on innovative entrepreneurship.
"Venture Capital is an alternative form of equity and debt financing made available to ventures initiated by relatively new and professionally or technical
qualified entrepreurs with inadequate funds, having new or untried technology or high risk, and exceptional growth prospects, i.e., a sustainable competitive advantage that helps maintain growth in sales and profitability, which is expected to potentially result in superior returns to the venture capitalist within specified period of time".
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