Page 15 - Latest Updates on Venture Capital
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")
Race for blockchain engineering talent hots up as crypto ban cloud clears
Startups and IT majors alike are angling to recruit the best and brightest in the technology
 "Race for blockchain engineering talent hots up as crypto ban cloud clears")
PE, VC investments jump to all-time high of $77 bn in 2021: Report
Private equity and venture capital funds invested $77 billion in Indian companies in 2021, a jump of 62 per cent over the previous year, a report said on Tuesday.
 "PE, VC investments jump to all-time high of $77 bn in 2021: Report")
Indian mobility tech startup EVage raises $28 mn from US-based VC firm
EVage on Friday said it has raised $28 million from US-based venture capital firm RedBlue Capital.
 "Indian mobility tech startup EVage raises $28 mn from US-based VC firm")
PE-VC investments in Indian firms up 57% YoY, hit record $63 bn in 2021
The year had eight investments worth $1 bn or more, led by Flipkart's $3.6 bn pre-IPO round; E-commerce was the favorite sector, attracting $10.3 bn, followed by fintech ($7.7 bn)
 "PE-VC investments in Indian firms up 57% YoY, hit record $63 bn in 2021")