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 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 .
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
Overall since 2014, the figure has been pegged at $10 billion
India saw several $ 100 million-plus mega deals this quarter, including $ 120 million by CureFit and $ 100 million by BookMyShow
Education, technology and healthcare sectors have been attracting huge investment from VC and private equity funds
Funding in such companies sees steady rise every year; in FY18 alone, around Rs 2 billion worth of investment has gone to five firms
'The Fundamentum Partnership' will look to lead investment rounds of $10 million to $25 million
Best intros come from people who have a personal relationship with the VC, reports Tech in Asia
Maiden funds, like Blume Ventures' $22 million fund, are invariably backed by local investors
Professor Saras Sarasvathy says have someone pay you to build the product, reports Tech in Asia
Venture capitalists are leveraging their experience to build something new
It's not about capital dumping at all
''By sharing deals, we are sharing the outcome," says Shekhar Kirani, partner, Accel
It is moving from growth stage to early-stage; from consumer to enterprise (b2b), to those offering SAAS
Winter is here but the freeze in funding could be easing for start-ups
For founders Vani Kola and Rajesh Raju, it's not so much the idea, but the people they are betting on
Caution continues to dominate VC market as investors focus on proven companies amid global macroeconomic upheaval, says a joint report by KPMG and CB Insights
Information technology and IT-enabled services companies, at 73 deals worth $223 million, attracted 78% of VC investments
Saif Partners, Tracxn Labs and Accel Partners emerge as the largest deal makers this year so far