Page 14 - Latest Updates on Venture Capital
Companies are useless in decentralised world of Web3: Harsh Rajat of EPNS
In a Q&A, company's co-founder talks about starting the company amid the pandemic, the financial machinations of Web3 organisations and his vision for the future of his firm
 "Companies are useless in decentralised world of Web3: Harsh Rajat of EPNS")
PE/VC investments decline 22% in March to $4.6 billion, says report
The deal activity showed an increase of 54 per cent by value at USD 15.5 billion across 360 deals, largely on the back of heightened activity in the startup space
 "PE/VC investments decline 22% in March to $4.6 billion, says report")
Online D2C brands grapple with moment of truth in the valuation game
Valuation demands of around 10x of revenue had become way too common despite the fact that consumer brands are fundamentally different from tech businesses.
 "Online D2C brands grapple with moment of truth in the valuation game")
After a sprint, a pause for breath
2021 not only saw record funding creating a third of the country's unicorns, but also the first major listings, providing new valuation anchors
 "After a sprint, a pause for breath")
Agritech venture capital firm Omnivore to set up Rs 1,000 crore fund
The new fund will continue to invest in early-stage startups developing breakthrough technologies for agriculture, food, climate, and the rural economy
 "Agritech venture capital firm Omnivore to set up Rs 1,000 crore fund")
After 2021 boom, how 2022 could be a year of reckoning for Indian startups
After the boom of 2021, when 44 Indian startups became unicorns, the markets are more selective and investors less enthusiastic in participating at unrealistic valuations
 "After 2021 boom, how 2022 could be a year of reckoning for Indian startups")
VC exits in India start-ups up 10x to $14 billion in 2021: Bain & Co
Share of VC deal value in PE-VC space above 50% for the first time: Bain & Co
 "VC exits in India start-ups up 10x to $14 billion in 2021: Bain & Co")
100% of portfolio's revenues from online channels: RPSG Capital's CIO
In a Q&A Abhishek Goenka dwells on the VC fund's investment strategy, the sectors within the consumer space that he is bullish on, and the road ahead
 "100% of portfolio's revenues from online channels: RPSG Capital's CIO")
'PE/VC funds replacing global strategic investors', says Amit Chandra
PE/VC investments are dwarfing foreign institutional investor (FII) flows: Chandra
 "'PE/VC funds replacing global strategic investors', says Amit Chandra")
PE/VC investments in Feb 2022 up 2.3 times year-on-year: IVCA-EY report
Month-on-month, the spike was 24%; Exits recorded in Feb 2022 were $1.4 billion across 10 deals, including three secondary ones worth $1.2 billion
 "PE/VC investments in Feb 2022 up 2.3 times year-on-year: IVCA-EY report")
Top private equity players call for policy to become 'atmanirbhar'
Some PE fund leaders are making a strong pitch to the government for a policy framework to encourage the growth of a vibrant, "atmanirbhar" domestic private equity industry to rival that of China
 "Top private equity players call for policy to become 'atmanirbhar'")
With culture at stake in unicorn land, spotlight on founder-VC equation
The BharatPe saga raises questions about the impact of outsized investor shareholding in young enterprises
 "With culture at stake in unicorn land, spotlight on founder-VC equation")
India ranks 2nd for global investment in digital shopping companies
India is the second-largest global venture capital investment hub for digital shopping companies, growing by a whopping 175 per cent from USD 8 billion in 2020 to USD 22 billion in 2021
 "India ranks 2nd for global investment in digital shopping companies")
Accel raises $650 mn fund to invest in Indian and SE Asian start-ups
It was an early investor in unicorn start-ups like Flipkart, Swiggy, Zetwerk, Cultfit, Acko and others
 "Accel raises $650 mn fund to invest in Indian and SE Asian start-ups")
Sixth Sense Ventures leads Rs 76 cr investment in logistics start-up Prozo
The funds will be used to expand Prozo's warehousing and fulfilment footprint, client base, and technology and analytics capability, the statement said
 "Sixth Sense Ventures leads Rs 76 cr investment in logistics start-up Prozo")
Venture capital firm Accel launches $650 mn fund for India, Southeast Asia
Global venture capital firm Accel has launched a $650 million fund for Indian and Southeast Asian startups, underscoring the large pool of capital being deployed by funds
Supply chain firm Increff raises $12 mn in funding for expanding business
Funding round attended by TVS Capital Funds, Premji Invest, and Flipkart co-founder Binny Bansal's 021 Capital
 "Supply chain firm Increff raises $12 mn in funding for expanding business")
Metaverse platform Bullieverse raises $4 mn from VCs, blockchain players
The funding supports Bullieverse's mission to set up an open metaverse platform owned exclusively by Web3 enthusiasts, creators, and community of gamers
 "Metaverse platform Bullieverse raises $4 mn from VCs, blockchain players")
Salary increments in India to touch 5-yr high of 9.9% in 2022: Aon survey
According to leading global professional services firm Aon's 26th Salary Increase Survey in India, organizations across industries project a 9.9% salary increase in 2022, compared to 9.3% in 2021
 "Salary increments in India to touch 5-yr high of 9.9% in 2022: Aon survey")
Venture capital firm 3one4 Capital elevates Nruthya Madappa to Director
3one4 Capital closed a total of 51 deals in 2021 - 28 early stage and 23 in growth and late stages
 "Venture capital firm 3one4 Capital elevates Nruthya Madappa to Director")