Eyeing concentrated VC bets to keep hit rate high in India: Bertelsmann’s Makkar

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Bertelsmann India Investments (BII), the strategic investment arm of one of the world's largest mass media companies, BertelsmannSE & Co. KGaA, is basking in a high hit rate of over 80%. The firm sees it stabilising at a more reasonable 70-80%, and expects to maintain this range by continuing to ......