Page 8 - Latest Updates on Venture Capital
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")
Private equity, venture capital investments dropped to $3.4 bn in October
By value, the bets were 3 per cent lower than the $3.5 billion in the year-ago period, and 19 per cent lower than the $4.2 billion in September, shows IVCA-EY report
 "Private equity, venture capital investments dropped to $3.4 bn in October")
DIEZ launches AED 500 mn venture capital fund to finance tech startups
The new fund was launched on the sidelines of the Dubai Business Forum, which is being organised by Dubai Chambers under the patronage of Sheikh Mohammed bin Rashid
 "DIEZ launches AED 500 mn venture capital fund to finance tech startups")
BS BFSI Summit 2023: No funding winter in PE investments, say experts
India is a highly favoured destination for investment in APAC, Renuka Ramnath, founder and CEO at Multiples Alternate Asset said at Business Standard's BFSI Insight Summit 2023
 "BS BFSI Summit 2023: No funding winter in PE investments, say experts")
SoftBank's venture capital fund SVF Growth to sell 1.1% in Zomato
SVF Growth will sell the stake at an offer price of Rs 109.4 to Rs 111.65 per share, a 2 per cent discount to its current market price at the lower end, the report added
 "SoftBank's venture capital fund SVF Growth to sell 1.1% in Zomato")
Artha Venture announces second exit at 19-fold return from mobility firm
Company says Fund 1 drawing to a close after investing in 31 firms
 "Artha Venture announces second exit at 19-fold return from mobility firm")
Former Swiggy CTO Dale Vaz gets funding for new venture Aaritya Tech
At Aaritya, Vaz is now building a new-age trading platform for individual investors to help them trade and invest
 "Former Swiggy CTO Dale Vaz gets funding for new venture Aaritya Tech")
VC firm gradCapital launches $6 million fund for students' startups
The VC fund on Friday said it will offer a standard cheque of USD 40,000 (Rs 33 lakh) at 4 per cent equity in companies set up by students
 "VC firm gradCapital launches $6 million fund for students' startups")
Private equity, venture capital investments falls 5% to $3.9 bn in July
The number of transactions was down 26 per cent year-on-year (y-o-y) to 59 in July while month-on-month it slipped 20 per cent
 "Private equity, venture capital investments falls 5% to $3.9 bn in July")
Sebi reduces time limit for AIFs, VCs to invest overseas to 4 months
Capital markets regulator Sebi reduced the validity period of approval given to alternative investment funds (AIFs) and venture capital funds (VCFs) for making overseas investments
 "Sebi reduces time limit for AIFs, VCs to invest overseas to 4 months")
Venture capital investment declines slightly to $77.4 bn in Q1: KPMG report
With regard to India, the report said despite a small uptick quarter-over-quarter, VC investment remained very subdued. The April-June quarter of 2022 saw over USD 8 billion in VC investment in India
 "Venture capital investment declines slightly to $77.4 bn in Q1: KPMG report")
Venture capital firm Cactus Venture Partners invests $4 mn in Kapture CX
Venture capital firm Cactus Venture Partners on Thursday said it has invested $4 million (about Rs 33 crore) in software-as-a-service (SaaS)-based customer support automation startup Kapture CX
 "Venture capital firm Cactus Venture Partners invests $4 mn in Kapture CX")
Together Fund announces new fund worth $150 mn; to focus on AI startups
Together Fund was founded by Girish Mathrubootham, (co-founder, Freshworks), Manav Garg, (founder, Eka Software) and Shubham Gupta, who used to lead SaaS deals at Matrix Partners India
 "Together Fund announces new fund worth $150 mn; to focus on AI startups")
VC investment in Indian startups declines by 76.4% YoY in H1 2023: Report
India is among the top five global markets in terms of both VC funding deal volume and value and has experienced a relatively higher impact compared to the US, China, and the UK
 "VC investment in Indian startups declines by 76.4% YoY in H1 2023: Report")