Page 7 - Venture Capital

Indian PE, VC investments decline 35% to $39 billion in 2023: Report

The Indian private equity and venture capital investments declined by about 35 per cent to around USD 39 billion in 2023 from USD 62 billion in 2022, according to a joint report by Bain & Company and IVCA released on Thursday. The private equity (PE) investments in India dropped by 18 per cent to USD 29.6 billion from a peak value of USD 36 billion in 2022. The drop in VC investments was much sharper, with total investments at USD 9.6 billion in 2023 versus USD 25.7 billion in 2022. "Mirroring the global trend, Indian private equity and venture capital (PE-VC) investment softened by about 35 per cent from approximately USD 62 billion in 2022 to around USD 39 billion in 2023, returning to pre-Covid-19 activity levels," the report said. The report saw 2023 as a marquee year for Indian exits with exit values soaring by 15 per cent to USD 29 billion with sale of shares in 340 entities. "In a year marked by global economic uncertainties, India's private equity landscape demonstrated ..

Legacy firms outperform modern, got 75% of PE-VC investments in 2023

75% of PE-VC investments were directed towards conventional sectors such as healthcare, retail, energy, advanced manufacturing

Stride Ventures closes Fund III at $165 mn, portfolio showcases top cos

This third fund has garnered strong support from a diverse mix of investors, including insurance companies, family offices, corporate treasuries, and high-net-worth individuals (HNIs)

IvyCap Ventures announces final close of third fund at Rs 2,100 cr

Fund will invest in 'high-growth companies with strong potential', says venture capital firm

IvyCap plans to invest Rs 2,100 cr in Indian startups in next 12 years

Venture Capital firm IvyCap Ventures has raised Rs 2,100 crore through its Fund III, with 90 per cent of the corpus coming from domestic investors. Fund III had a basic corpus of Rs 1,500 crore and a provision to raise an additional Rs 600 crore as greenshoe option. "We have raised Rs 2,100 crore. Majority of the fund has come from our existing investors and 90 per cent is domestic capital," IvyCap Ventures Founder and Managing Partner Vikram Gupta told PTI. "Despite challenges in domestic capital flow, we have stuck to our theory that there is enough domestic capital which will continue to grow. With Fund III we have proved it," he said. The Fund III is almost 4 times the size of Fund II, IvyCap said, adding that it plans to invest in Indian startups over a period of 12 years. The Fund plans to invest in about 25 companies at Series A with an average starting investment amount of Rs 30-50 crore. "We are sector agnostic fund. We have already committed around 40 per cent of the fu

Capria Ventures closes Rs 153 cr India Opportunity Fund post Awign exit

Capria and other investors in Awign, India's largest tech-led, on-demand work fulfilment platform, have sold their stake in the company in a buyout by Japanese conglomerate Mynavi Corporation

India in privileged position, poised for growth over 20 years: Niren Shah

In India, the company has 27 active investments including in Swiggy, NSE India, Duroflex, Finova Capital, Kishlay Foods, Mintifi, Quikr among others

Regulatory uncertainty central theme for investments towards fintech firms

Investment dips as sector grapples with new rules and market dynamics

Tomorrow Capital leads $2.7 mm fundraise for kidney care startup VitusCare

Venture capital fund Tomorrow Capital on Tuesday said it has led a USD 2.7 million (over Rs 20 crore) fundraise for VitusCare, a kidney care startup based in Gurugram. In addition to Tomorrow Capital's contribution, the Series A funding round saw participation from existing investor 1Crowd, alongside support from 3i Partners and a consortium of angel investors, totalling approximately USD 5 million in funding across all the funding rounds, the company said in a statement. The fresh capital injection will empower VitusCare to aggressively expand its operations, with a targeted focus on deeper penetration into 'Bharat', it added. "As the prevalence of lifestyle-related disorders such as diabetes and hypertension continue to rise, the demand for kidney-related services is poised to increase exponentially. VitusCare's innovative approach and impressive growth trajectory align perfectly with our mission to invest in solutions that make a meaningful impact on public health," Tomorrow ...

After Bitcoin surge, crypto venture capital creeps toward comeback: Report

VC investment in crypto startups reached $2.5 billion during the first quarter of 2024, a 32% increase from the last quarter and roughly even with the same period last year

Atoms 3.0: Accel's 6-mnth pre-seed accelerator program, unveils 8 startups

The cohort receives up to $500,000 in funding, access to perks worth more than $5 mn from venture capital firm Accel's network partners, personalised mentorship

Venture capital major Accel aims to invest in 25 Indian startups: Prashanth

May launch India-focused fund in a few years

Facebook co-founder's B Capital closes $750 mn fund for late-stage startups

It will make investments in companies specialising in technology, healthcare, climate technology

End of funding winter? Indian startups set to raise $8-10 billion this year

In 2022, Indian startups raised a total investment of $25 billion. In 2021 the fund raised a new high of $41.4 billion, according to Tracxn

PE/VC exits surge 36% to $24.8 bn in 2023 amid declining investments

The infrastructure sector emerged as the leader, attracting $11.6 billion in investments in 2023, while traditional favorites such as financial services and technology witnessed a decline

Insurtech startup Bharatsure raises $1 million led by VC fund Capital-A

The company had previously raised $1.2 million in February 2022 which saw the participation of its existing investors

Sebi mulls liquidation flexibility for AIF, VCFs to deal with beyond tenure

Capital markets regulator Sebi on Monday proposed to provide flexibility to Alternative Investment Funds (AIFs), Venture Capital Funds (VCFs) and their investors to deal with unliquidated investments of their schemes beyond expiry of tenure. In its consultation paper, the regulator suggested that instead of launching a new liquidation scheme by AIFs, the same scheme itself can be allowed to continue with the unliquidated investments beyond their tenure for a certain period or dissolution period for fully liquidating their unliquidated investments. Additionally, the regulator proposed extending flexibility of the dissolution process to venture capital funds through migration to the AIF regime. At present, the option to launch liquidation scheme is available only to those schemes of AIFs which are under 'Liquidation Period'-- the period of one year following the expiry of tenure of the scheme for fully liquidating the scheme and not available to VCFs, irrespective of whether their ..

India share of venture capital funding lowest in 5 years, shows data

While the data shows that the world had 71 new unicorns (21 in Asia), India contributed only two of them, as compared with CY22 when it had 22

Angel investments in Indian startups maintain pace amid funding winter

Overall deal volumes among startups have hit the skids, investment activity among the country's most active angel investment networks has held relatively steady

India-focused VC funds continue to raise capital despite funding winter

As of December 2023, 185 India-focused VC funds are in the market, aiming to raise a combined capital target of $10.73 billion, according to Preqin