Page 6 - Venture Capitalists

pi Ventures raises $8 mn for 2nd fund from British International Investment

The second fund was launched in March 2021 with a base target corpus of $75 million and including a green shoe target of $100 million

8i Ventures announces first close of second investment fund worth $50 mn

Early-stage venture capital company says fintech 'single largest opportunity in India'

Made-in-India VCs continue to grow in numbers despite economic headwinds

145 new companies were set up in India in the past two years - 123 in 2021 and 22 in 2022: Tracxn data

We bet on startups catering to the middle of the pyramid: Arkam co-founders

In a Q&A, Bala Srinivasa and Rahul Chandra, explain why it is essential for any company today to service the Middle India market in the country's smaller towns in order to thrive

India is where climate tech meets global venture capital

The country's post-Covid resurgence has been backed by better roads and infrastructure, and a manufacturing turnaround

We back companies where tech is an enabler, not the hero: C4D Partners CEO

Our crucial thesis is that the business model is woven around a societal problem, said CEO Agarwal

Nandan Nilekani and Sanjeev Aggarwal's VC firm Fundamentum raises $227 mn

Post the fund's initial investment, Fundamentum's portfolio companies have collectively raised over $1 billion in follow-on rounds

Number of PE-backed IPOs drop by 50% YoY in first half of calendar 2022

The major PE-backed IPO so far this calendar has been that of logistics major Delhivery. It saw Carlyle, China Momentum Fund, Softbank sell stakes worth $131 mn

First Cheque closes second fund at Rs 38 cr, plans to invest in 50 startups

First Cheque aims to be the earliest institutional capital available for founders and seeks to achieve this by investing at the pre-seed stage

Multiply Ventures raises Rs 260 cr via maiden fund focused on consumer tech

The Bengaluru-based VC fund said it exceeded its target of Rs 250 crore

Sachin Bansal's Navi Finserv's Rs 300-cr debt bond subscribed 1.4 times

The fintech firm's secured, rated, listed and redeemable non-convertible debentures (NCDs) have a total value of Rs 600 crore after including the greenshoe option of Rs 300 crore.

Good times are over, not sure when they'll return: Sequoia warns firms

Sequoia took a shot at hedge funds that have been targeting private investments, who are now "tending to wounds in their public portfolios which have been hit hard"

PE/VC investment for April 2022 declines 27% YoY to $5.5 bn: IVCA-EY report

Fundraises, however, continued to show a healthy trend, with April 2022 recording a total fundraise of $1.5 billion across 16 funds compared to $569 million raised in April 2021 by 8 funds.

Speciale Invest announces its second funds closure at Rs 286 crore

In April 2021, the company had announced their second fund to be a corpus of around Rs 100 crore, but this got oversubscribed to over Rs 140 crore.

What Nykaa CEO says about VCs without women in key positions

Nykaa CEO at a FICCI event said that the founders of her company approached several investors but were rejected because of the absence of women in key positions in venture capitalist firms

'Make money for people': China Communist officials turn venture capitalists

It might look like the kind of power grab some observers see as characteristic of President Xi Jinping's China

VC investments jump 4 times to hit record $28.8 billion in 2021

In comparison, VC and start-up investments were hit hard in 2020, declining 38 per cent YoY

Focus on start-ups from small cities: Piyush Goyal to venture funds

The minister invited venture capitalists (VCs) to explore new sectors for investing, promoting, and protecting young Indian entrepreneurs' intellectual property

Communication fitness firm vani.coach to skill corp execs, eyes $15 mn ARR

Pune-based firm counts Lupin, L&T, Asian Paints, Reckitt and Cipla among clients; has raised a pre-seed round of $150,000, and is now in talks with some venture capitalists for a seed round

Sir Ronald Cohen: Saving humanity in his autumn years

A peek into the life and times of Sir Ronald Cohen, author of bestselling book 'Impact'