
Venture capital investment is an important component of financial capital. The geographic concentration by both venture capital firms and venture capital financed companies in six top cities- Bangalore, Mumbai, Delhi, Chennai, Hyderabad and Gurgaon. The reason is based on the success rate of venture capital backed investments in an area, concentration on high-technology industry, industrial specialization, technological competencies, and product specialization. The object of this paper is to study the geographical concentration of venture capital investments in India. The data is collected from Venture Intelligence for the period 1998 to 2012 and also analyzed for the period of 15 years by using the tools and techniques of descriptive statistics and ANOVA. The result shows that the amount and number of investments of venture capitalist are different across the metros due to location decision. Geographical location is also significant related to venture capital investment. With the analysis of the data is shows that alternative hypothesis is accepted that is both number of investments and amount of investments are not same across the metros.