Bangalore tops venture capital activity in south.

Companies in south India continue to attract more capital from venture capitalists than any other region in India. Within south, Bangalore topped as the hotbed for venture capital (VC) activity followed by Chennai.

Companies based in south India accounted for 41% of all VC investments (55% by value) during 2013. Their peers in western India accounted for 29% of the pie in 2013 (27% by value). Companies based in north India accounted for 24% of the investments in 2013 (23% by value), a research report said.

TOI