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. For its ongoing second fund, which SOAR is a part of, YourNest is focused on tech-enabled startups especially in the deep-tech domain like artificial intelligence/machine learning, distributed ledger technologies, cloud offerings, developer tools, enterprise SaaS, robotics, hardware, industrial IoT, robotic process automation software, wearables and augmented reality/virtual reality/mixed reality. Impact of the COVID-19 pandemic along with the global macroeconomic uncertainty is hard and will last a long time but YourNest feels this is the right time to encourage committed entrepreneurs in India who will create not just life-changing solutions but also employment opportunities, YourNest Venture Capital Managing Director Sunil K Goyal said.

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History of this topic

SOE venture capital helps fund innovative development
1 month ago

SOE venture capital helps fund innovative development

China Daily  

The State-owned Assets Supervision and Administration Commission of the State Council and the National Development and Reform Commission recently issued joint policy measures to promote the high-quality development of venture capital funds and support State-owned enterprises in establishing such funds. The latest move points out the direction for the further development of central enterprise venture capital funds. It also aims …

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 …

Public procurements may come with startup quotas
1 month, 1 week ago

Public procurements may come with startup quotas

Live Mint  

Top central ministries are discussing a proposal that may mandate public sector units to purchase 10% of their requirements from startups, two people aware of the development said. Some of India's ongoing efforts to encourage startups sector include the Startup India seed fund initiative and Atal Innovation Mission. This initiative not only provides a platform for startups to showcase innovative …

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 …

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 …

Anthill Ventures plans $100 million hybrid fund for Indian startups, seeks investors planing to diversify from China
8 months, 1 week ago

Anthill Ventures plans $100 million hybrid fund for Indian startups, seeks investors planing to diversify from China

Live Mint  

Anthill Ventures is gearing up to launch a hybrid fund targeting the startup sector amid a surge in investor interest in India, Bloomberg reported. Anthill founder and CEO Prasad Vanga said the company plans to raise $100 million for a hybrid private credit and equity fund to support Indian startups specialising in consumer experiences, wellness, and entertainment. Addressing Financing Challenges …

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 …

Jungle Ventures launches program to invest in early-stage startups
1 year, 3 months ago

Jungle Ventures launches program to invest in early-stage startups

Live Mint  

Singapore-based venture capital firm Jungle Ventures said on Wednesday it has launched a program to invest in startups at the pre-seed and seed stages. Under the programme, called First Cheque, Jungle Ventures will have three of its current and former portfolio startup founders join the investment team. Amit Anand, partner at Jungle Ventures, told VCCircle the funds will come from …

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 …

T.N. startup Frigate raises USD 1.5 million in seed round
1 year, 6 months ago

T.N. startup Frigate raises USD 1.5 million in seed round

The Hindu  

Tamil Nadu-based manufacturing startup Frigate, has raised a seed round of USD 1.5 million led by Arali Ventures, with participation from Capital-A, Java Capital, and other angel investors. Founded in 2021 by Tamizhinian Vasanthan, Karthikeyan Prakash, Chandrasekar C, and Iniyavan Vasanthan, Frigate is a B2B cloud manufacturing platform that offers a comprehensive suite of manufacturing services to medium and large-scale …

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 …

Success rate of startups in India higher than in other countries: Piyush Goyal
2 years, 1 month ago

Success rate of startups in India higher than in other countries: Piyush Goyal

The Hindu  

The government on Wednesday said that the success rate of startups in India was much higher than in other countries of the world, and the number of startups in the country had increased from 452 in 2016 to 84,012 till November 2022. Though I must say, the success rate of startups in India is relatively higher than the rest of …

Nandan Nilekani-Floated Fundamentum Raises $227 Million For Investing In Startups
2 years, 4 months ago

Nandan Nilekani-Floated Fundamentum Raises $227 Million For Investing In Startups

News 18  

Fundamentum Partnership, floated by Infosys co-founder Nandan Nilekani and Helion Ventures co-founder Sanjeev Aggarwal, on Friday said it has raised $227 million to invest in early-growth stage Indian start-ups. Fundamentum plans to fund enterprises that have attained product-market fit and have developed momentum in their scale-up journey,” the company said in a tweet. We now intend to go deeper into …

India witnesses a massive 15,400% rise in startups in last 6 years
2 years, 5 months ago

India witnesses a massive 15,400% rise in startups in last 6 years

Live Mint  

India registered a whopping rise of 15,400% in the number of startups that rose from from 471 in 2016 to 72,993 as on 30th June 2022. In a written reply to a question in the Rajya Sabha, Union Minster of State for Commerce and Industry Som Prakash stated that the Startup India initiative was launched in 2016 with the objective …

Startup Funding Declines 33% Quarterly To $6.9 billion During April-June 2022
2 years, 6 months ago

Startup Funding Declines 33% Quarterly To $6.9 billion During April-June 2022

News 18  

Indian startups raised $6.9 billion in 409 funding rounds during April-June 2022, which was down by 33 per cent as compared with $10.3 billion mopped up in the previous quarter. Through this report, we aim to give industry stakeholders key insights into the ecosystem that would help in business decision making backed by extensive market intelligence and thorough research and …

Groww Skyrockets its Growth with $251 Million Series E Funding
3 years, 2 months ago

Groww Skyrockets its Growth with $251 Million Series E Funding

Deccan Chronicle  

Groww, an online investment platform in India, has made it to a 3x value - at the valuation of $3 billion dollars in just a matter of just six months as an Indian Fintech startup. Rapid Growth Established in 2016 and going on for 5 years, Groww enables the Indian market's retail investors to invest in direct mutual funds, stocks, …

IIM-A, BITS Grads Launch One Million USD Fund to Support & Invest in Student Startups
3 years, 7 months ago

IIM-A, BITS Grads Launch One Million USD Fund to Support & Invest in Student Startups

News 18  

Abhishek Sethi and Prateek Behera, graduates from IIM-A and BITS Pilani, respectively, have launched a USD one million fund to support and invest in startups founded by college students. Their venture, gradCapital, based here, said on Wednesday it would invest USD 25,000 in each of the 20 start-ups they select over the next year. gradCapital, also being supported by’CIIE.CO – …

Entrepreneur First announces pre-seed investment in 8 Indian tech start-ups
3 years, 9 months ago

Entrepreneur First announces pre-seed investment in 8 Indian tech start-ups

Live Mint  

NEW DELHI: Entrepreneur First, a UK-based global talent investor has announced a total pre-seed investment of $440,000 in eight cutting-edge tech startups from its fourth cohort in India. And the fourth cohort is no different - from smart recruitment for SMEs to AI-driven automated apparel cataloguing to revolutionizing antibody discovery and immersive experiences, these startups show are well poised to …

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 …

Indian startups attracted $10.14 billion in funding in 2020 despite the COVID-19 pandemic
3 years, 11 months ago

Indian startups attracted $10.14 billion in funding in 2020 despite the COVID-19 pandemic

Firstpost  

Indian startups are estimated to have received $10.14 billion in funding across more than 1,200 deals in 2020 despite the COVID crisis, a report by consulting firm HexGn said. “Weathering negative sentiment, seed stage investment deals grew by 50 percent from $353 million over 420 deals in 2019 to $372 million over 672 deals in 2020. The report said Bengaluru, …

Indian Startups Received $10.14 Billion in Funding in 2020; E-Commerce, Edtech Biggest Gainers: Report
3 years, 11 months ago

Indian Startups Received $10.14 Billion in Funding in 2020; E-Commerce, Edtech Biggest Gainers: Report

News 18  

Indian startups are estimated to have received USD 10.14 billion in funding across more than 1,200 deals in 2020 despite the Covid-19 crisis, a report by consulting firm HexGn said. Even though the total investment received in 2020 is lower than that of 2019, the number of deals were higher by 20 per cent, the report said. “Weathering negative sentiment, …

Investors pour $9.3 billion into Indian startups, a decline as compared to 2019 data shows
4 years ago

Investors pour $9.3 billion into Indian startups, a decline as compared to 2019 data shows

Firstpost  

In 2019, domestic startups had raised a total of $14.2 billion from January 1 to December 23. Investors have poured in about $9.3 billion into Indian startups so far in 2020 despite the Covid-19 pandemic upending many sectors of the economy, data from industry tracker Tracxn showed. This is a decline as compared to 2019 when domestic startups had raised …

Fresh funding round values Byju’s at $10.5 billion
4 years, 5 months ago

Fresh funding round values Byju’s at $10.5 billion

Live Mint  

DST Global, the late-stage venture capital fund backed by Israeli-Russian billionaire Yuri Milner, is in advanced talks to invest around $400 million in online education platform Byju’s, said two people aware of the talks. Bengaluru-based Byju’s will look to raise an additional $200 million from existing investors apart from DST in the ongoing round, said one of the two people …

Opinion | Startups need to stop looking at funding as ultimate badge of honour
5 years, 10 months ago

Opinion | Startups need to stop looking at funding as ultimate badge of honour

Live Mint  

And they got funded and lived happily ever after…”, this is the glorious startup dream that has launched at least a thousand or more ventures and continues to spur many more. Taking a step back, it’s important to see funding for what it is and separate it from true business potential. It leads founders to take decisions that only help …

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, …

Over 1,200 startups enter ecosystem in 2018 registering 108% growth; total funding rises to $4.2 billion in 2018: NASSCOM
6 years, 2 months ago

Over 1,200 startups enter ecosystem in 2018 registering 108% growth; total funding rises to $4.2 billion in 2018: NASSCOM

Firstpost  

Bengaluru: Startups in India saw a 108 percent growth in total funding from $2 billion in 2017 to $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 $191 million in 2017 to $151 million in 2018. The total number of startup funding deals, especially in …

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 …

Startups celebrate as funding boom returns
6 years, 5 months ago

Startups celebrate as funding boom returns

Live Mint  

Bengaluru: Startups have been raising multiple rounds of capital in quick succession at increasingly higher valuations. Investors are chasing startups that don’t generate any revenue—at least not yet—and market share is the preferred investment metric, not unit economics. “While the ecosystem of companies has grown, the number of quality startups in the later stages has not grown at the same …

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 …

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