Startup IPO boom reshapes their investment strategies
The investment positions QubeHealth for its upcoming Series A round, targeting $9 million at a valuation of Rs 270 crore
Venture capital firms in India are becoming cautious with AI investments, emphasising solid business models and tangible returns, as many startups face closures amid changing dynamics
Venture capital firms also are directing as much as $79.2 billion in funding to AI startups by the end of the year, 27 per cent above 2023 levels
Investment growth despite a cautious global investment climate, says analytics company
Company uses AI to recommend personalised fitness and nutrition plans
Industry welcomes move to expand the space economy to $44 billion by 2033
A total of 883 deals were announced between January and September 2024, marking a 7.3 per cent rise in deal volume compared to the same period in 2023
The move is expected to accelerate the growth of the private space sector in India, driving advancements in space technology
The industry, however, seems to be at a crossroads, with many funds' lifespans being extended and distributions at all-time lows
Private equity and venture capital funds' investments declined by 40 per cent to USD 8.8 billion in the September quarter, a report said on Friday. The decline in overall investments happened despite the number of deals being 26 per cent higher during the same period at 283 transactions, the report by industry lobby grouping IVCA and consultancy firm EY said. "Geopolitical tensions have created uncertainty, dampening investment sentiment as investors become more cautious, leading to slowing deal-making. This sluggishness may persist if global uncertainties continue," the consultancy firm's partner Vivek Soni said. However, the firm's outlook remains "cautiously optimistic" as India's fiscal health remains strong, he added. Large deals of over USD 100 million more than halved to 21 with a cumulative value of USD 5.5 billion, the report said, adding pure-play PE/VC deals, excluding real estate and infrastructure, were 30 per cent lower at USD 6.5 billion. The largest deal during the
The fintech startup's evolution from a card-issuing platform to a broader banking-as-a-service (BaaS) provider helped drive the returns
Jivi, based out of the northern Indian city of Gurugram, uses AI to suggest potential diagnoses and treatments, generate health reports and perform administrative tasks, the fund said
LC Nueva Investment Partners has announced its second venture, LC Nueva Momentum Fund, with total target corpus size of Rs 250 crore. LC Nueva Investment Partners is a partnership between Singapore's Lighthouse Canton and Delhi-based Nueva Capital. "The new LC Nueva Momentum Fund focuses on investing in 10-15 high-growth companies at the Series A, B and growth stages. The target size of the new fund is Rs 150 crore (about USD 18 million), with a greenshoe option of Rs 100 crore (USD 12 million)," the venture capital firm said in a statement. LC Nueva Investment Partners had in 2023 closed its LC Nueva Fund at Rs 350 crore. "We are confident that our strategic focus on high-potential investments will position LC Nueva Momentum Fund to achieve exceptional returns. By actively pursuing secondary opportunities alongside leveraging the strong relationships established through our previous fund, we are poised to navigate the current market dynamics effectively," Sohil Chand, Founding ...
VC firm to expand investments in India's technology sector, 'build on success' of previous funds
The reason, four of the firm's partners said in a joint interview, is that market conditions have changed for the worse
The firm underlined its long-term commitment to India and Southeast Asia, citing strong portfolio performance and an optimistic outlook for the region
Fund II will invest in 17-20 companies, offering initial investments between $750,000 and $1 million, with total commitments of $2-3 million per company over their growth cycles
Cross-border funds have their unique advantages: they allow funds to build strong connections in two countries and create a network that encompasses both regions
Hyperlocal e-commerce firm magicpin Co-Founder and former chief operating officer Brij Bhushan has joined Prime Venture Partners as a full-time partner, the early-stage venture capital firm said on Friday. In this role, Bhushan will be a key member of the Investment team and will contribute to all aspects of the firm's investment, portfolio management and fundraising, Prime VP said in a statement. "Brij Bhushan brings a unique combination of strategic thinking, execution excellence, and a long-term mindset essential for company building. We believe he is a perfect addition to our leadership team," Prime Venture Partners (Prime VP), Managing Partner, Amit Somani said. Bhushan co-founded magicpin where he was instrumental in magicpin's growth, raising over USD 100 million from investors including Lightspeed, Zomato and Waterbridge. An alumnus of IIM Bangalore, Bhushan previously worked in venture capital as Vice President at Nexus Venture Partners before co-founding magicpin. He has