Page 2 - Latest Updates on Venture Capital
Nexus raises $700 million fund to back AI, consumer, fintech startups
Nexus Venture Partners has closed its $700-million Fund VIII to invest in early-stage AI, enterprise software, consumer and fintech startups across India and the US
 "Nexus raises $700 million fund to back AI, consumer, fintech startups")
Private equity, venture capital investments hit $5.3 bn in October: EY-IVCA
Pure-play PE/VC investments hit a 13-month high of USD 5 billion - an 81 per cent increase over October 2024 - while real estate and infrastructure investments fell sharply by 86 per cent
 "Private equity, venture capital investments hit $5.3 bn in October: EY-IVCA")
PE/VC investments touch $5.3 billion in Oct, up 8%: EY-IVCA report
However, indicating that investors wrote larger cheques for fewer companies, the number of deals fell sharply, dropping to 102 compared to 112 deals in the corresponding period last year
 "PE/VC investments touch $5.3 billion in Oct, up 8%: EY-IVCA report")
Karnataka govt, VCs to launch ₹1,100 cr fund for deeptech, AI startups
According to IT Minister Priyank Kharge, Karnataka is set to make a major push in emerging technologies during the first Future Makers Conclave on November 20 at the 28th edition
 "Karnataka govt, VCs to launch ₹1,100 cr fund for deeptech, AI startups")
Hyderabad Angel Fund launches ₹100 crore VC initiative for Indian startups
On its radar are areas such as generative AI, gaming, SpaceTech, drones, HealthTech, consumer tech, FinTech, enterprise SaaS, and sustainability
 "Hyderabad Angel Fund launches ₹100 crore VC initiative for Indian startups")
Porter, HealthKart deliver multi-fold returns on Kae Capital's first fund
Maiden Fund I achieves more than 3x distribution to paid-in capital, establishing one of India's strongest early-stage track records
 "Porter, HealthKart deliver multi-fold returns on Kae Capital's first fund")
Blume Ventures secures $175 million in first close for its fifth fund
Early-stage VC firm Blume Ventures has announced an initial close of $175 million for its fifth fund, targeting $250-275 million by early 2026, with continued LP support
 "Blume Ventures secures $175 million in first close for its fifth fund")
Unicorn India Ventures to close ₹1,200 cr Fund III by December 2025
The VC firm has raised over ₹1,000 crore and plans to invest 80% of Fund III in deep-tech, defence, and semiconductor startups across 20 companies
 "Unicorn India Ventures to close ₹1,200 cr Fund III by December 2025")
Venture funding slowed in September quarter; exit activity at 7-year high
Geopolitical uncertainty weighs on new investment, but strong IPO activity drives record exit value, says KPMG report
 "Venture funding slowed in September quarter; exit activity at 7-year high")
AI boom pushes 10 loss-making startups close to $1 trillion valuation
US venture capitalists have invested $161 billion into AI this year, making up two-thirds of their total spend, with most funding going to just 10 top AI startups
 "AI boom pushes 10 loss-making startups close to $1 trillion valuation")
Who is Deedy Das, Kolkata-born techie now Partner at Menlo Ventures?
Deedy Das has been promoted to Partner at Menlo Ventures just 18 months after joining, cementing his reputation as a rising force in AI
 "Who is Deedy Das, Kolkata-born techie now Partner at Menlo Ventures?")
Generalist VCs in India bet big on deep-tech, innovation-driven companies
Deep-tech now forms over half of VC portfolios in India as firms like Cornerstone, Unicorn India Ventures and All in Capital back startups combining research with scalable models
Best of BS Opinion: India's new-age economy gets a data reset
Today's Opinion pieces explore a new data framework, the Bima Sugam initiative, the real impact of the GST rate cuts, and what the startup ecosystem really needs
 "Best of BS Opinion: India's new-age economy gets a data reset")
All in Capital targets closing its second fund in next three months
With an estimated corpus of $25 million, the VC firm plans to invest in 45-50 startups over the next three years in sectors like consumer-tech, artificial intelligence, and deeptech
 "All in Capital targets closing its second fund in next three months")
Deeptech terrain is one of big promises, small cheques: Tracxn data
PE/VC funds pledge $1 billion, but average deal sizes remain below industry needs
 "Deeptech terrain is one of big promises, small cheques: Tracxn data")
Elev8 Venture Partners closes ₹1,400 cr fund despite global VC slowdown
India-focused fund attracts investors from Korea to Hong Kong as venture funding hits multi-year lows
 "Elev8 Venture Partners closes ₹1,400 cr fund despite global VC slowdown")
Artha Ventures to mark highest-ever exits in 2025: Anirudh Damani
Among the recent exits are cloud telephony provider Exotel, where Artha clocked a 114x return, and investment platform Lightyear, which yielded 20x returns
 "Artha Ventures to mark highest-ever exits in 2025: Anirudh Damani")
VG Angels shifts to sustainable investing model, targets 30% success rate
Signalling a change in its investing philosophy, the venture firm is looking for depth in companies and aiming for investor exits with returns of up to 10x
 "VG Angels shifts to sustainable investing model, targets 30% success rate")
Atomic Capital closes ₹400 cr maiden fund, to invest in startups over 3 yrs
With an average first cheque size of ₹10 to 30 crore, the fund aims to build a curated portfolio of 10-12 companies, with a portion of the corpus reserved for follow-on investments
 "Atomic Capital closes ₹400 cr maiden fund, to invest in startups over 3 yrs")
Speciale Invest raises ₹600 crore fund to back Indian deep-tech start-ups
Fund targets space, defence, and AI companies as firm bets on India's 'sovereign tech' capabilities amid global supply chain shifts
 "Speciale Invest raises ₹600 crore fund to back Indian deep-tech start-ups")