Inventus aims at first close of ₹175 crore for maiden India fund
6 years, 6 months ago

Inventus aims at first close of ₹175 crore for maiden India fund

Live Mint  

Mumbai: Venture capital firm Inventus Capital is in the process of making a first close of Rs175 crore for its third fund by early next month, a senior executive of the VC firm said. The third Inventus fund is the VC firm’s first India-dedicated fund that will be managed by an ’ India team including Parag Dhol, Rutvik Doshi and Samir Kumar. For the current fund raising, the firm has already received commitments from international investors which include family offices and high net-worth individuals along with domestic ones. Last year in June, Mint had reported that Inventus Capital was planning to separate its India and US units and raise an independent fund for investing in Indian start-ups.

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History of this topic

Fintech’s new fuel: Venture debt takes centrestage amid a funding crunch
2 weeks, 3 days ago

Fintech’s new fuel: Venture debt takes centrestage amid a funding crunch

Live Mint  

As venture capital investments into India’s financial technology sector plunged this year amid stringent regulatory oversight, fintech companies found another funding source become more readily available: venture debt. Consumer startups followed, raising $459 million in venture debt across 55 rounds this year, marking a 10% growth from the $416.4 million of venture debt they raised in 2023. Sharma said credit …

Policy easing SOE funds for start-ups a welcome move
1 month, 1 week ago

Policy easing SOE funds for start-ups a welcome move

China Daily  

By ZHANG ZHOUXIANG | China Daily | Updated: 2024-12-04 07:33 A cashier at a bank in Taiyuan, Shanxi province counts renminbi notes. Reports say that the latest move allows State-owned enterprises to establish venture capital funds to invest in start-ups that feature four characteristics, namely early-stage, small-scale, long-term investments and hard technology. Central enterprise venture capital funds could be extended …

India’s venture capital firms are finding that leaner might be better
1 month, 2 weeks ago

India’s venture capital firms are finding that leaner might be better

Live Mint  

On Thursday, early-stage venture capital firm Stellaris Venture Partners launched its largest-ever investment vehicle—a $300 million fund. Similarly, Blume Ventures, which has invested in prominent Indian startups including Battery Smart, Purplle and Unacademy, doesn’t plan to increase the corpus for its next two funds, maintaining them at about $290 million, the venture capital firm told Mint in October. “Several venture …

Stellaris Venture launches its largest ever $300 million fund
1 month, 2 weeks ago

Stellaris Venture launches its largest ever $300 million fund

Live Mint  

Bengaluru: Stellaris Venture Partners, which has backed companies such as personal care brand Mamaearth and SaaS startup Whatfix, announced the launch of its largest ever fund with a corpus of $300 million on Thursday. “With this new fund, we’re excited to back founders using technology to solve deep problems in large markets," said Rahul Chowdhri, partner at Stellaris. With this …

IIT-B incubator to start ₹100 crore VC fund
1 month, 3 weeks ago

IIT-B incubator to start ₹100 crore VC fund

Hindustan Times  

Mumbai: The Society for Innovation and Entrepreneurship, the business incubator at Indian Institute of Technology Bombay, is planning to start a ₹100-crore venture capital fund focused on deep-tech startups in critical areas like science, biotechnology, space and defense. IIT-B incubator to start ₹ 100 crore VC fund The ambitious expansion plan builds on SINE’s two-decade long track record in nurturing …

Indian Startups Secure Record Funding in October, But Funding Slumps
2 months, 1 week ago

Indian Startups Secure Record Funding in October, But Funding Slumps

Deccan Chronicle  

Indian startups attracted funding of Rs 1.2 billion in October, indicating a rebound from the funding winter. However, funding was subdued both on a year-on-year and sequential basis. Fintech, e-commerce, and education startups led the funding activity, with Bengaluru and Mumbai-based startups playing a significant role.

Early-stage investor Venture Catalysts looks at investing in chip, space-tech, AI start-ups
2 months, 1 week ago

Early-stage investor Venture Catalysts looks at investing in chip, space-tech, AI start-ups

The Hindu  

Start-ups working in the areas of semiconductor, defence, space technology, manufacturing automation, AI are expected to generate interest among private equity investors as their future area of investment. Then AI and there are other green sectors now,” said Apoorva Ranjan Sharma, co-founder and MD, Venture Catalysts, an early-stage investor in start-ups. Answering a question on how loss-making starts-ups are still …

Capitalmind receives SEBI’s in-principle nod to launch a mutual fund
4 months, 2 weeks ago

Capitalmind receives SEBI’s in-principle nod to launch a mutual fund

Live Mint  

Bengaluru-based investment management firm Capitalmind Financial Services Private Limited has received in-principle approval from the Securities and Exchange Board of India to launch new mutual fund. As of March 31, 2024, there are 74.6 crore PAN cardholders in India, but only 4.5 crore unique mutual fund investors, highlighting a considerable growth opportunity. Our goal is to serve the rapidly growing …

Avendus launches ₹3,000-cr late-stage fund to invest in tech, healthcare firms
7 months, 2 weeks ago

Avendus launches ₹3,000-cr late-stage fund to invest in tech, healthcare firms

Live Mint  

Bengaluru: Avendus, a financial services firm, has launched a third Future Leaders Fund for which it aims to raise about ₹3,000 crore, including a green-shoe option to raise up to ₹1,500 crore more. The late-stage fund, which will focus on large-cap investments in private markets, intends to make 10-12 investments, with an average ticket size of ₹200-300 crore each, Avendus …

Indian startups witness 65.8% drop in funding between Jan-Nov 2023: GlobalData
1 year ago

Indian startups witness 65.8% drop in funding between Jan-Nov 2023: GlobalData

Live Mint  

Indian startups witnessed a 65.8% drop in funding in terms of value between January and November 2023, according to a report by Times of India. Citing data from GlobalData, Indian startups raised $6.9 billion across 1,013 venture capital funding deals in the past 11 months this year. Among the top VC funding deals in Indian startups this year were- $250 …

Alternative investment funds and innovative opportunities for investors
1 year, 4 months ago

Alternative investment funds and innovative opportunities for investors

Live Mint  

Over the past few years, alternative investment funds have evolved as a popular investment vehicle. Over the previous seven years, the AIF category in India has increased tenfold, with assets under administration totalling ₹7 trillion, according to the Indian Association of Alternative Investment Funds. Compared to a decade ago, when overseas investors infused majority of the capital, almost 80-90% of …

Indian startups set for more pain as funding crunch worsens
1 year, 8 months ago

Indian startups set for more pain as funding crunch worsens

Live Mint  

A funding squeeze at Indian startups that has already led to layoffs and delayed stock listings is set to worsen as investors reckon with stretched valuations and faltering consumption growth, likely laying the ground for industry consolidation. The prospect of fast rising consumption both offline and in India's digital space helped many startups clock multi-billion-dollar valuations in recent years, with …

No funding winter, funding always waiting to see more innovative startups: Nirmala Sitharaman to Network18
1 year, 11 months ago

No funding winter, funding always waiting to see more innovative startups: Nirmala Sitharaman to Network18

Firstpost  

Finance Minister Nirmala Sitharaman said, ‘The major push for startups happened in 2016 when the honourable Prime Minister announced a policy. And subsequently year after year giving concessions’ New Delhi: Union Finance Minister Nirmala Sitharaman on Friday said that funds are waiting to see more innovative startups from India and assured that there is no scarcity of funding. In an …

Startup Layoffs: Overall Funding Is No Less This Year, But Why Firms are Firing Employees
2 years, 7 months ago

Startup Layoffs: Overall Funding Is No Less This Year, But Why Firms are Firing Employees

News 18  

Although start-ups are resorting to lay-off of employees as they cite cost-cutting as the primary reason, data show that the overall funding for these new-generation enterprises during January-April this year is almost the same as last year and even the number of companies raising over USD 100 million is also higher than last year. Interestingly, the data showed that the …

Eximius Ventures closes $10 million fund for early-stage startups
3 years, 9 months ago

Eximius Ventures closes $10 million fund for early-stage startups

Live Mint  

NEW DELHI: Eximius Ventures, a micro venture capital firm, announced the first close of its maiden fund of $10 million, which it aims to invest in early-stage startups with about $300,000 equity cheque per startup. “As a fund investing in the pre-seed stage, we would primarily focus on addressing funding and accessibility gaps faced by startups and extend our support …

YourNest Venture Capital launches fast-track funding programme SOAR for early-stage startups
4 years, 8 months ago

YourNest Venture Capital launches fast-track funding programme SOAR for early-stage startups

Firstpost  

SOAR will invest between $250,000 and $1 mn in funding each startup that is selected, it added. New Delhi: YourNest Venture Capital on Friday launched a new fast-track funding programme ‘SOAR’ to identify and fund early-stage startups. YourNest Venture Capital has developed a programme to identify and fund startups within just weeks from the close of applications, a statement said. …

Stride Ventures marks first close of ₹500 crore venture debt fund
5 years, 1 month ago

Stride Ventures marks first close of ₹500 crore venture debt fund

Live Mint  

Stride Ventures, which provides loans to startups, said on Monday that it has raised ₹100 crore to mark the first close of its maiden venture debt fund. The firm was founded was Ishpreet Gandhi, who was earlier with IDFC First Bank, leading the coverage of foreign multinational firms’ debt opportunities. The other partners at Stride Ventures include Avtar Monga, who …

IAN marks final close of ₹375 crore maiden venture capital fund
5 years, 2 months ago

IAN marks final close of ₹375 crore maiden venture capital fund

Live Mint  

Indian Angel Network, a network of individual early-stage investors, has reached the final close of its maiden venture capital fund at ₹375 crore, a senior executive said. The IAN Fund is backed by institutional investors such as Small Industries Development Bank of India’s fund of funds, IIFL Holdings, Yes Bank, Max India, impact investment firm Gray Matters Capital and Hyundai. …

Indian startups raise $38.3 billion funding in 2018; e-commerce, fintech attract highest investments: Report
6 years ago

Indian startups raise $38.3 billion funding in 2018; e-commerce, fintech attract highest investments: Report

Firstpost  

Around 1,000 deals were signed by Indian startups in 2018 with areas like e-commerce, fintech, sustainability and renewable energy New Delhi: Indian startups are estimated to have raised $38.3 billion in funding in 2018, behind only the US and China, a report by Yostartups said Thursday. Around 1,000 deals were signed by Indian startups in 2018 with areas like e-commerce, …

Indian startups witness 108% growth in funding; Bag this much of total investment in 2018
6 years, 2 months ago

Indian startups witness 108% growth in funding; Bag this much of total investment in 2018

ABP News  

New Delhi: The startups in India saw a 108 per cent growth in total funding from USD two billion in 2017 to USD 4.2 billion this year, National Association of Software and Services Companies said Thursday. However, the seed stage funding of Indian startups has declined from USD 191 million in 2017 to USD 151 million in 2018. The total …

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