Page 8 - Latest Updates on Venture Capital
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")
VC firm CoinFund raises $158 mn to back early-stage crypto startups
The New York-based firm had initially aimed for $125 million, but received more interest than expected, said Chief Executive Officer Jake Brukhman
 "VC firm CoinFund raises $158 mn to back early-stage crypto startups")
CapFort Ventures launches Rs 200 cr fund, will back 40 tech start-ups
VC firm says it expects institutional investors, family offices, ultra high net worth individuals to support fund
Byju's crisis prompts top India VC firm Blume Ventures to shift strategy
Perceived corporate governance lapses are sending shockwaves through the South Asian nation's fledgling startup economy
 "Byju's crisis prompts top India VC firm Blume Ventures to shift strategy")
Proptech firm Reloy raises Rs 7.2 cr from investors to grow business
The investment will be used to fuel the company's growth and expansion plans, the company said
 "Proptech firm Reloy raises Rs 7.2 cr from investors to grow business")
VC firm Omnivore announces first close of third fund at $150 million
Omnivore Agritech and Climate Sustainability Fund, launched last April, will focus on startups developing breakthrough tech for agriculture, food, climate, and rural economy
 "VC firm Omnivore announces first close of third fund at $150 million")
RTP Global closes $1bn fund, will make third of investments in India
Fund will invest in sectors that include artificial intelligence, enterprise software, fintech
 "RTP Global closes $1bn fund, will make third of investments in India")
Tiger Global Management falling short of $6 billion target for new fund
Last year was the firm's most tumultuous since its founding in 2001, but this year's surge in AI-related stocks has helped underpin a rebound for Tiger and other tech-focused hedge funds
 "Tiger Global Management falling short of $6 billion target for new fund")