While AI is the buzz word, data on the startup ecosystem shows that funding there is down as well
The market regulator had barred five officials from IndusInd Bank in the alleged insider trading matter
Based on industry feedback and to facilitate migration, Sebi has now extended this additional liquidation period to July 19, 2026, according to a circular issued on Friday
This came after the two entities filed an application with Sebi proposing to settle the enforcement proceedings that may be initiated against them for the violation of regulatory norms
With another round of bidding closing in early June, Abhishek Singh, Additional Secretary at the MeitY anticipates an additional 15,000 to 16,000 GPUs will be secured
The investments will be made over the next two to three years as part of the firm's second fund, a Category-II AIF (alternate investment fund)
India's VC ecosystem grew strongly in early 2025 with deal volumes up 19% and funding up 20%, bucking the global trend of slowdown in markets like China and the UK
VC firm Auxano Capital aims to close two funds worth ₹200 crore each by end-2025 and plans 3-4 startup exits, with investments nearing ₹200 crore across 34 startups
360 ONE Asset's Rs 500 crore VC fund will invest in seed and Series A startups across sectors including AI, fintech, spacetech, defence, and precision manufacturing
In 2024, global funds accounted for 50-55 per cent of the total number of funds, from 40-50 per cent in 2016. At the same time domestic funds are also flexing their muscles
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.