November Deal Book - VC Investment Up More Than 70% As Mega Deals Surge

Investment rebounded in November, up 71% from October to reach USD5.8bn. A lot of this was down to a surge in huge funding rounds, headed up by the USD500m for India’s Ola. Overall, November had seven rounds bigger than the USD160m Rong360 deal that was the highest in October. Investment in November was also up 82% compared to the corresponding month last year.

So where's it all going? Well, in the short or even mid term the US is no danger of losing its top spot in venture capital investment, with funding reaching USD2.9bn in November. China and India, came second and third again, with USD953m and USD738m respectively. It's a big jump from the USD220m invested in China last month and the USD113m in India. Much of the Indian investment volume was down to Ola's massive round as it gears up to fight Uber, while investment in China was more evenly spread across several rounds.