Page 21 - Venture Capital

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

Venture Catalysts launches Rs 300-cr fund for early stage startups

Started with a dedicated fund allocation of Rs 300 crore, the accelerator VC 9Unicorns Fund plans to invest in 100 start-ups in three years

Private equity, venture capital exits drop 86% in Q2

41 profitable exits compared to 77 a year ago

We want to bridge gap between angels and $100 mn funds: Artha Venture Fund

Artha Venture Fund was originally known as Artha India Ventures

Lightspeed Ventures looks to cash in on cloud-based businesses

Lightspeed doesn't disclose its investments but officials say that as an early stage fund, it makes seed and series A investments that are in the range of $1-$3 million and $3 million-upwards

VC investments in auto-tech companies up 250%, trucking platforms lead race

Nearly half of the money was received by trucking platforms including BlackBuck and Rivigo. This segment alone attracted $265 million across 10 deals

VC investment in India is expected to be buoyant throughout the year: KPMG

Automotive service companies were a big hit with investors, led by the Ola funding of $300 million from Kia and Hyundai (both of Korea) as part of a plan to develop electric vehicles

Global VC funding in digital health firms up 32% at $9.5 bn in 2018: Study

Global venture capital funding in digital health sector, including private equity and corporate venture capital, touched a record high of USD 9.5 billion in 2018, up 32 per cent from the year-ago period, says a report. According to global communications and research firm Mercom Capital Group, global venture capital (VC) funding in digital health sector touched USD 9.5 billion raised in 698 deals, higher than the previous record set in 2017 of USD 7.2 billion in 778 deals. The total corporate funding for digital health companies including debt and public market financing reached USD 13 billion in 2018, a 58 per cent increase from the USD 8.2 billion raised in 2017. "Venture capitalists' love of digital health companies is evident, but Wall Street is not yet convinced as more than 60 per cent of publicly-traded digital health stocks traded below the S&P 500 in 2018," commented Raj Prabhu, CEO and Co-Founder of Mercom Capital Group. He further noted that though funding deals every .

Bigger VCs in India have shifted focus to later-stage investments: Report

VC industry in India has evolved to a more "mature" phase in the last couple of years, says a recent report by Bain & Co and IVCA