What a difference it makes to have China and India included in the
Forbes’ Midas List 2012.
Of the top 100 venture capitalists who scored in this annual ranking, 12 who
have funded startups in China are new on the 2012 list from last year. Two VCs
active in India emerged on the 2012 ranks.
DCM and IDG Accel were among those firms that excelled with the expansion of
China to the mix in 2012. The inclusion of India this year propelled Accel
India and Mayfield Fund in the 2012 rankings.
The list reflects the importance of China and India as emerging hotspots of
technology innovation, as well it should! China and India accounted for 17% of
the total venture capital invested in 2011. Overall, the 2012 rankings highlight
the growing range of dealmakers globally who have become active in China and
India over the past five years.
What the dealmaker rankings also factor in is
the fast increase among their funded Chinese startups that have gone public in
the U.S. over the past five years. Prominent on the list of the VCs
portfolios are recently listed Chinese companies
Renren,
Tudou, HiSoft
Tech, Dangdang, Bitauto, VanceInfo
and Qihoo 360.
China’s Facebook-plus site,
Renren, appears on four of
the VCs’ portfolio of deals. Other Chinese deals that repeat on the
deal list are outsourcing company HiSoft Tech and video sharing site
Tudou. From
India, travel sevice
MakeMyTrip was notable
among the deals made by the top-100 ranked VCs.
Perhaps next year’s list can take into account the post-IPO performance of
the deals! Many of those recently listed companies noted above are trading below
their IPO price.
Privately held companies in China and India mattered in the rankings of the
top 100 as well. From China, among the prominently cited deals are GroupOn-like
Lashou and gaming portal Duowan. From India, medical device maker Perfint and
online retailer Flipkart from India are notably recognized.
Here’s my tally of the 12 VC newcomers in 2012 doing deals in China, in order
of their rank.
See
Startup Asia tally at Forbes.
