These days, the venture capital has emerged as an important source of finance. The investors invest in start-up companies, micro, small and medium size enterprises with long-term growth perspective. The investment is made particularly for starting the business and expansion for the business considering the long-term growth potential. The capital invested in such project is known as venture capital. The person who contributes capital in such project is known as venture capitalist. It is an important method of equity financing for the long- term growth potential enterprises. The venture capitalists may be professionals in many fields. They provide funds for earning high returns. They take active part in the management of the enterprises. They provide professional expertise to the organisation.
