BANGALORE: 2015 has (so far) been in favor of Indian technology startups, which are at the top of the list for venture capital investors.

They have marked an early breach in the country with an investment of $1 billion within a single quarter. The period between January and March stood witness to venture capital firms who received over a double of their investments (Rs 3,875 crore), in domestic technology startups in comparison to previous year, reports The Economic Times.

According to financial research platform VCCEdge, the number of deals has escalated to 43 from a count of 29 held within the same duration last year. 

 On the whole, the contrast of venture capitalists pooling in $362 million across 66 deals in the corresponding quarter last year have now placed $1.1 billion to operate across 90 deals .

"The heightened investment activity is both a function of the opportunities and capital currently available in the market, the quality of companies and an entrepreneur is far better now than 5-6 years ago and investors have also seen some success in terms of exits." said Vishal Gupta, managing partner at Bessemer Venture Partners, who is also an investor in Snapdeal and BigBasket..

Bessemer is part of a budding group of fresh investors that have been targeting technology startups for the past 12-18 months. This includes Helion Venture Partners, SAIF Partners, Matrix Partners and Sequoia Capital, who have recently formed similar strategy to focus on technology startups.

"In the fourth fund we decided to focus on seed deals in the middle of the fund cycle. In our new fund, we're doing that from the beginning, we will invest in mobile, content and software, as the technology ecosystem has also become bigger." said SAIF Partners' Mukul Singhal, who leads early-stage investments.

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