Page 17 - Venture Capital

India ranks 2nd for global investment in digital shopping companies

India is the second-largest global venture capital investment hub for digital shopping companies, growing by a whopping 175 per cent from USD 8 billion in 2020 to USD 22 billion in 2021, according to an official analysis released here on Wednesday. On a global scale, India came in second to the US last year, which attracted USD 51 billion in investment, followed by China at third with USD 14 billion and the UK at fourth with USD 7 billion. Within India, Bengaluru comes out on top globally with USD 14 billion worth of Venture Capital (VC) investments in digital shopping in 2021, followed by Gurugram at No. 7 with USD 4 billion and Mumbai at No. 10 with USD 3 billion. Bengaluru almost tripled its investments from USD 5 billion in 2020 to take the top spot, ahead of other leading cities in the world New York City (second), San Francisco (third), London (fourth) and Berlin (fifth). According to the London & Partners analysis of Dealroom.co investment data, increasing demand for ...

Accel raises $650 mn fund to invest in Indian and SE Asian start-ups

It was an early investor in unicorn start-ups like Flipkart, Swiggy, Zetwerk, Cultfit, Acko and others

Sixth Sense Ventures leads Rs 76 cr investment in logistics start-up Prozo

The funds will be used to expand Prozo's warehousing and fulfilment footprint, client base, and technology and analytics capability, the statement said

Venture capital firm Accel launches $650 mn fund for India, Southeast Asia

Global venture capital firm Accel has launched a $650 million fund for Indian and Southeast Asian startups, underscoring the large pool of capital being deployed by funds

Supply chain firm Increff raises $12 mn in funding for expanding business

Funding round attended by TVS Capital Funds, Premji Invest, and Flipkart co-founder Binny Bansal's 021 Capital

Metaverse platform Bullieverse raises $4 mn from VCs, blockchain players

The funding supports Bullieverse's mission to set up an open metaverse platform owned exclusively by Web3 enthusiasts, creators, and community of gamers

Salary increments in India to touch 5-yr high of 9.9% in 2022: Aon survey

According to leading global professional services firm Aon's 26th Salary Increase Survey in India, organizations across industries project a 9.9% salary increase in 2022, compared to 9.3% in 2021

Venture capital firm 3one4 Capital elevates Nruthya Madappa to Director

3one4 Capital closed a total of 51 deals in 2021 - 28 early stage and 23 in growth and late stages

Race for blockchain engineering talent hots up as crypto ban cloud clears

Startups and IT majors alike are angling to recruit the best and brightest in the technology

PE, VC investments jump to all-time high of $77 bn in 2021: Report

Private equity and venture capital funds invested $77 billion in Indian companies in 2021, a jump of 62 per cent over the previous year, a report said on Tuesday.

Indian mobility tech startup EVage raises $28 mn from US-based VC firm

EVage on Friday said it has raised $28 million from US-based venture capital firm RedBlue Capital.

PE-VC investments in Indian firms up 57% YoY, hit record $63 bn in 2021

The year had eight investments worth $1 bn or more, led by Flipkart's $3.6 bn pre-IPO round; E-commerce was the favorite sector, attracting $10.3 bn, followed by fintech ($7.7 bn)

Why VCs are backing newer EV start-ups despite the OATS phenomenon

Early-stage funding in the segment rose almost three times to $74 million in 2021 compared to the previous year

Instoried's Sharmin Ali expects 2022 to be the year of 'empathetic content'

Instoried founder & chief executive Sharmin Ali shares the story of Instoried, the need for AI-driven content marketing and the use of NLP

Web 3.0 owned by big VC firms, not users: Twitter founder Jack Dorsey

Web3, also known as Web 3.0, is an idea for a new Internet that incorporates decentralisation based on blockchain

Private equity and venture capital investment may hit record $70 bn in 2021

Apart from value, volumes or the number of deals have also gone up

PM Narendra Modi meets leading CEOs for FY23 Budget inputs

Prime Minister Narendra Modi on Monday met with chief executives of leading companies across sectors ranging from banking to telecom, to health and electronics, for inputs for the next year's Budget. Last week, he had met with leading private equity/ venture capital players to seek suggestions on making India a more attractive investment destination. On Monday, the prime minister interacted with the leading CEOs of companies across banking, infrastructure, automobiles, telecom, consumer goods, textile, renewables, hospitality, technology healthcare, space and electronics, official sources said. This meeting, they said, is part of the many interactions that Modi is holding ahead of the Budget to receive inputs and suggestions from the private sector. Finance Minister Nirmala Sitharaman is due to present on February 1 the Budget for the next fiscal year that starts on April 1, 2022. Since coming to power in 2014, the BJP government has unveiled a series of reforms that have helped I

PM meets venture capital, private equity funds ahead of Union Budget

Prime Minister Narendra Modi on Friday hosted a roundtable interaction with representatives of venture capital and private equity funds.

How India's family offices are striking out on their own in start-up land

Not only that, 83 per cent family offices have an allocation to private markets that is more than 10 per cent of their overall asset distribution

PE/VC investments see monthly decline of 52% in November to $6.8 billion

With a month to go, PE/VC investments in 2021 at $72.6 billion have surpassed the all-time high seen in 2020 by 53 per cent, driven by mega investments in start-ups and large buyouts.