VC investors in the country remained highly focused on consumer offerings in the quarter under review with areas such as e-commerce and quick commerce attracting maximum attention
Number of deals down 20% Y-o-Y to 284 in this period
Prakash is bullish on this industrialisation potential, and on start-ups playing a key role in areas of sustainable products, products for EV, products for aerospace, space tech and defence
The company has also opened its India office in Bengaluru, positioning it as a central hub for facilitating deal flow, supporting founders, and fostering collaboration within the ecosystem
Through its second fund, the company aims to focus on companies operating in the domains including agentic AI, quantum tech, and Web3
Deal volume also increased 11 per cent during the same period, underscoring growing investor confidence in the country's innovation-driven startup ecosystem
The funding round is a mix of primary issuance of shares by the company and also secondary, where existing investors have sold shares, as per a statement
The fund will deploy the amount earmarked for it over a period of five years, with a planned deployment of Rs 150 crore in the 2025-26 financial year
This comes after closing its first VC equity fund at $50 million and an ongoing second close for its $75 million venture debt fund
Investments in the BFSI segment went up 3.5x in 2024 over the previous year, touching $ 1.1 billion through 42 deals in which 47 per cent were above $50 million.
'For every $1 we invested, our portfolio companies raised over $50 in follow-on capital,' says top executive
Manoj Kumar, the founder of venture development platform Social Alpha, says that deep science is all about impact first, rather than return first, making it harder to find typical venture funding
report noted that the consumer technology, software and SaaS (including generative AI), and fintech sectors attracted over 60 per cent of the total funding
Notable VC funding deals announced in India during the first month of the year include fundraising by building materials platform Infra
Greenoaks Capital Partners, a San Francisco-based venture capital firm, is leading the deal for the startup, Safe Superintelligence, and plans to invest $500 million
The report highlights a favourable macroeconomic environment, strong fiscal health, and stable government policies as key drivers of India's PE/VC ecosystem
Lakhani and Anand have been with the firm for 17 years and 12 years, respectively. Both partners have made significant investments for the firm over the years
However, the firm is not looking to raise any more for at least 12 months, having just closed Rs 816 cr in fundraising, said Managing Partner Laxmikanth V
From advising on strategic integrations to connecting with top-tier AI talent, VCs are offering more than just capital
In the year gone by, PE and VC funds' deal volumes surged 54 per cent to 1,352 transactions, indicating a decline in the average value when compared to the previous year