Abstract Venture capital is an international phenomenon. Every country is adopting this concept in one or another sense. US and China are leading in using of venture capital. Other countries are also using but these countries still facing many problems like lack of knowledge, deal flow and proper support network for entrepreneurial activities. If the government of countries will take initiative in promotion of venture capital industry then it could give benefits to the entire world. This paper shows the trends of Venture capital in Asia and outside Asia. Reasons for less penetration of venture capital in most of the countries are also highlighted in this paper.