Indian VCs look to Europe and Asia as Iran war threatens Mideast funds

Fund sizes may be scaled down as competition for capital increases

A McKinsey survey of 50 global investors in March found that private markets accounted for nearly 73% of the alternative investments by Middle Eastern funds in India. (Nikkei montage/Source photos by Evolvence Group, KAAF Investments and the Olayan Group's websites) 

BENGALURU -- Venture capital firms in India are increasingly wooing investors from Europe and parts of Asia as the Iran war crimps flows from the Middle East, which had emerged as a crucial source of capital for Indian funds.