German media group plans to invest $200-250 Mn in Indian startups

MUMBAI: German media group Bertelsmann, which targets to invest $50-60 million each year in India, is looking to deploy $200-250 million in the country's startup ecosystem over the next four years. Three years after it made its first investment in India, Bertelsmann India Investments (BII) has a deployment book of $150 million, having made 30 deals here. "We made our first investment in 2013-end in India. If we include the commitments that we have lined up for the next ..

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