Page 21 - Venture Capital

India-focused PE/VC funds create record by raising $11.7 billion in 2019

Amount beat the previous record of $8.1 bn raised in 2018

IIM-A placements: Participation of PE/VC, asset management firms up by 80%

In all, 153 firms participated with 182 different roles for the 2020 batch, with McKinsey & Co and BCG leading the pack with 27 and 23 offers, including PPOs

Singapore overhauls fund regime to bolster industry, attract offshore funds

Country likely to edge out Mauritius as a favoured destination for offshore funds

PE, VC investments in India grew 28% to $48 billion in 2019, says EY data

Buyouts recorded the largest increase of 56 per cent in terms of value ($16.2 billion in 2019 against $10.4 billion in 2018)

Venture Highway raises $78 mn to fund early-stage tech companies in India

With portfolio companies such as Meesho, Sharechat, Moglix, and Cars24, the early-stage investment firm has so far invested in 20 start-ups

PE, venture capital deals in healthcare, health tech firms grew 16% in 2019

Surge defies economic slowdown and a pricing and insurance issues, as healthcare is seen as a necessity from consumer's perspective

PE/VC investment up by almost three times in November; driven by infra flow

PE/VC investments accounts 1.7-1.8% of GDP, almost at par with China and the global average

Budget 2020: Venture Capitals, startups seek budgetary aid in meet with FM

The Nasscom has also sought that IT and BPO firms should not be treated as financial intermediaries for the goods and services tax (GST).

Venture Capital firm 3one4 raises Rs 400 crore for its third fund

Fund managed by Pranav and Siddartha Pai, sons of former Infosys director and CFO T V Mohandas Pai, has invested in 50 startups so far

Fireside Ventures to invest in 20 start-ups in superfoods, fashion segments

The venture capital (VC) firm is planning to make around 18-20 investments via fund 2 in the range of $4-5 million in each portfolio company across Pre-Series A and Series A stages

Start-up IPOs will start happening over next 5 yrs: Accel's Subrata Mitra

'We love to invest early in tech-driven companies solving large problems', said Mitra

PE/VC firms invested over $2 bn in NBFCs, despite IL&FS crisis of 2018

According to Venture Intelligence data, this year's total come from 33 deals; there were 37 in 2018

Fireside Ventures announces closing of Fund II, investment in Gynoveda

Fund II of Fireside is anchored by Indian and global investors and institutions

PE/VC investments in October touch $3.3 billion, continue 2018 trend

Total PE/VC investments in India now stand at $43.7 billion till now this year--16.5 per cent higher than the previous high of $37.5 billion recorded in entire 2018.

Venture capital firm Jungle Ventures raises $240 million for third fund

Jungle is scouting for companies in India which have an opportunity to scale their business into Southeast Asia and globally

Social commerce player DealShare raises $11 mn from Matrix Partners, others

The start-up, focused on middle- and lower-income clientele in grocery and home categories segments, in Tier-II and -III cities, currently has over 300,000 customers and services 15,000 orders per day

Groww raises $21.4 mn in Series B funding from Ribbit Capital, Sequoia

Groww, an investing platform offering direct mutual funds on its platform, has more than 2.5 million registered users

JLL's VC arm Spark invests undisclosed sum in co-working platform Qdesq

Deal will help investor provide a more comprehensive solution to its clients in 35 Indian cities

August PE/VC flows up 13% YoY to $4.4 bn; infra, realty grab 35% share

16 large deals with value over $100 mn each were recorded, aggregating to $3.3 bn, compared to six such deals worth $3.3 bn a year ago

UP to create Rs 200 crore venture capital fund for MSME start-ups

SIDBI will manage the venture capital corpus