Chennai: Indian early-stage start-up investor Venture Catalysts Group (VCats) has emerged a leader in its category in 2020 despite the Covid-19 pandemic.
The Mumbai-based investment firm, which runs an incubator and a SEBI registered accelerator fund9Unicorns, made the highest number of deals at 102 this year, compared to 63 a year ago.
VCats, which is focused on strengthening the start-up ecosystem in the smaller Indian towns, has invested over Rs 700 crore through a syndication in several idea-stage and early stage businesses across sectors this year, vis-à-vis Rs 500 crore in 2019, said a statement.