Page 7 - Latest Updates on Venture Capital
Tomorrow Capital leads $2.7 mm fundraise for kidney care startup VitusCare
The fresh capital injection will empower VitusCare to aggressively expand its operations, with a targeted focus on deeper penetration into 'Bharat', it added
 "Tomorrow Capital leads $2.7 mm fundraise for kidney care startup VitusCare")
After Bitcoin surge, crypto venture capital creeps toward comeback: Report
VC investment in crypto startups reached $2.5 billion during the first quarter of 2024, a 32% increase from the last quarter and roughly even with the same period last year
 "After Bitcoin surge, crypto venture capital creeps toward comeback: Report")
Atoms 3.0: Accel's 6-mnth pre-seed accelerator program, unveils 8 startups
The cohort receives up to $500,000 in funding, access to perks worth more than $5 mn from venture capital firm Accel's network partners, personalised mentorship
 "Atoms 3.0: Accel's 6-mnth pre-seed accelerator program, unveils 8 startups")
Venture capital major Accel aims to invest in 25 Indian startups: Prashanth
May launch India-focused fund in a few years
 "Venture capital major Accel aims to invest in 25 Indian startups: Prashanth")
Facebook co-founder's B Capital closes $750 mn fund for late-stage startups
It will make investments in companies specialising in technology, healthcare, climate technology
 "Facebook co-founder's B Capital closes $750 mn fund for late-stage startups")
End of funding winter? Indian startups set to raise $8-10 billion this year
In 2022, Indian startups raised a total investment of $25 billion. In 2021 the fund raised a new high of $41.4 billion, according to Tracxn
 "End of funding winter? Indian startups set to raise $8-10 billion this year")
PE/VC exits surge 36% to $24.8 bn in 2023 amid declining investments
The infrastructure sector emerged as the leader, attracting $11.6 billion in investments in 2023, while traditional favorites such as financial services and technology witnessed a decline
 "PE/VC exits surge 36% to $24.8 bn in 2023 amid declining investments")
Insurtech startup Bharatsure raises $1 million led by VC fund Capital-A
The company had previously raised $1.2 million in February 2022 which saw the participation of its existing investors
 "Insurtech startup Bharatsure raises $1 million led by VC fund Capital-A")
Sebi mulls liquidation flexibility for AIF, VCFs to deal with beyond tenure
The regulator proposed extending flexibility of the dissolution process to venture capital funds through migration to the AIF regime
 "Sebi mulls liquidation flexibility for AIF, VCFs to deal with beyond tenure")
India share of venture capital funding lowest in 5 years, shows data
While the data shows that the world had 71 new unicorns (21 in Asia), India contributed only two of them, as compared with CY22 when it had 22
 "India share of venture capital funding lowest in 5 years, shows data")
Angel investments in Indian startups maintain pace amid funding winter
While overall deal volumes among startups have fallen, investment activity among the country's most-active angel investors have been relatively steady
 "Angel investments in Indian startups maintain pace amid funding winter")
India-focused VC funds continue to raise capital despite funding winter
As of December 2023, 185 India-focused VC funds are in the market, aiming to raise a combined capital target of $10.73 billion, according to Preqin
 "India-focused VC funds continue to raise capital despite funding winter")
Agritech startup Fasal raises Rs 100 cr from investors to expand business
Founded in 2018, Fasal leverages AI, crop sciences, and Internet of Things (IOT) to provide farm-level, crop-specific and crop-stage-specific intelligence, enabling resource optimisation
 "Agritech startup Fasal raises Rs 100 cr from investors to expand business")
PE/VC investments dip to 43-month low of $1.6bn in November: Report
PE/VC funds raised $401 million in November for investing in future, which was lower than the $ 1.9 billion raised in November 2022 and $2.4 billion in October 2023, the report added
 "PE/VC investments dip to 43-month low of $1.6bn in November: Report")
Snacking brand Farmley raises Rs 56 crore from BC Jindal Group, others
Farmley Co-Founder Akash Sharma told PTI that the company has raised $6.7 million which will be utilised in innovation, expanding distribution channel and brand building efforts
 "Snacking brand Farmley raises Rs 56 crore from BC Jindal Group, others")
Venture capital funds backing fewer women startups than men-led ones: Irani
"Even today, risk taking by VCs for women-led initiatives which are based on innovation is far lower as compared to those by men," Irani said
 "Venture capital funds backing fewer women startups than men-led ones: Irani")
Indian PE/VCs deliver higher returns than bourses, says Crisil report
"A key contributor to this success has been the PE-VC markets, which have risked capital and sown financial know-how," said the Crisil report
 "Indian PE/VCs deliver higher returns than bourses, says Crisil report")
India has $20 bn dry powder waiting to be invested: Peak XV MD Anandan
Says investors are looking to invest unallocated capital in sectors like AI
 "India has $20 bn dry powder waiting to be invested: Peak XV MD Anandan")
Agilitas Sports secures Rs 100 cr Investment from Nexus Venture Partners
Sport comprises 16 per cent of the Indian footwear market and is the fastest-growing segment
 "Agilitas Sports secures Rs 100 cr Investment from Nexus Venture Partners")
Venture capital Sauce.vc acquires around 3% stake in GRM Foodkraft
Sauce has also acquired an additional 1 per cent stake from other shareholders in GRM Foodkraft, which focuses on domestic foods business
 "Venture capital Sauce.vc acquires around 3% stake in GRM Foodkraft")