Venture Capital
IN-SPACe appoints SIDBI Venture Capital to manage ₹1,000 crore space-tech fund
The Indian National Space Promotion and Authorisation Centre (IN-SPACe) has appointed SIDBI Venture Capital Limited (SVCL) to manage a ₹1,000 crore venture capital fund aimed at boosting space…
Endiya Partners closes Fund 3, reports 4x returns from 1st fund
Endiya Partners, an early-stage venture capital firm, has now closed its first fund, as well as reported significant returns from its first fund, thanks to an exit from…
Bessemer VP announces $350Mn second India Fund
Bessemer Venture Partners, the San Francisco-based backer behind the likes of Anthropic, AppliedAI along with several high profile Indian upstarts such as Urban Company, BigBasket, LivSpace, has announced…
Prime Venture Partners secures $100Mn in for fifth fund
Bengaluru-based VC Prime Venture Partners has successfully closed its fifth fund, securing a total of $100 million to continue backing early-stage startups across key sectors such as fintech,…
India’s Stellaris Venture Partners closes $300Mn 3rd Fund for early-stage bets
Bengaluru-based venture capital firm Stellaris Venture Partners has now successful closed its latest third fund, raising $300 million. This latest fund, Fund III, aims to support 25 to…
Indigo, India’s largest airline, launches its own VC fund for Series A/B investment in aviation startups
Indigo, India’s largest airline and Asia’s largest individual airline, is venturing into the investing business, with the launch of ‘Indigo Ventures’. The VC fund, which received a nod…
Patron secures $100Mn for its second fund
Patron, a California based VC focused on early-stage investments in the gaming, consumer, and Web3 sectors, has now secured its second fund, with a substantial $100 million in…
Insight Partners closing in on a massive new $10Bn fund: Report
Prominent VC firm Insight Partners is nearing the successful closure of its latest investment fund (which would be its 13th), with anticipated commitments surpassing an astounding $10 billion,…
Playbook Partners, founded by former Jio exec, raises $130Mn for maiden India-focused fund
Former Reliance Jio president Vikas Choudhury has successfully secured $130Mn for the maiden fund of his new venture, Playbook Partners. This fresh capital will be used to invest…
Atomico raises $1.24Bn for new Europe-focused tech-startup funds
London-based venture capital firm Atomico, known for backing fintech giants such as Stripe and Klarna, has now raised $1.24 billion for two new investment funds. This comes at…
Sequoia Capital offers $861Mn liquidity option for Stripe shares, valuing it at $70Bn
Sequoia Capital is providing a significant liquidity opportunity to Stripe investors by offering to purchase up to $861Mn worth of shares in the fintech giant. This comes as…
General Catalyst acquires Venture Highway with India in focus
Popular Silicon Valley-based VC General Catalyst, has announced the acquisition of India’s Venture Highway, with the new merged entity becoming the face of GC’s India investments. The new…
Accel announces new $650Mn Europe fund
Accel, a prominent, long-time name in the startup venture capital scenery that has backed the likes of Skype, Supercell, UiPath and others, has unveiled its eighth European fund.…
Filter Capital raises ₹800 crore for debut fund
Filter Capital, an India-based technology-focused investment firm, has achieved a significant milestone with the successful closure of its inaugural fund, Filter Capital India Fund I. The fund boasts…
QIA announces new $1Bn fund of funds, to invest in regional and international VCs
Qatar Investment Authority (QIA), the country’s sovereign wealth fund and world’s second largest, has announced a significant initiative aimed at bolstering the nation’s venture capital ecosystem. This initiative…
Byju’s faces shareholder rebellion following vote to remove founder Byju Raveendran as CEO
Byju’s, the edtech giant, is embroiled in a shareholder rebellion as investors have intensified their demands for the removal of founder and CEO Byju Raveendran and his family…
Cactus VP’s first fund closes at ₹630 crore, to focus on clean-tech, health-tech investments
Cactus Venture Partners, which launched its debut fund back in 202, has announced the final close of its first fund. The fund closed after raising ₹630 crore (~$76…
Softbank’s India operating partner Vikas Agnihotri quits
Vikas Agnihotri, SoftBank’s India operating partner, instrumental in Paytm public market debut as a SoftBank representative, has officially exited the technology-focused investment fund after 3 years. Agnihotri had…
Omidyar Network to exit India by 2024, stops new investments
In a surprise move, ace impact investor Omidyar Network is shutting down its India operations, according to a report by TechCrunch, now confirmed by the group. This comes…
Pakistan launches $10Mn sovereign VC fund to bring back lost startup funding
Pakistan is embarking on an ambitious sovereign venture capital fund launch, aimed at attracting global investors back into country’s startup ecosystem. Umar Saif, Pakistan’s interim Minister for Information…
PharmEasy’s ₹3,500 crore rights issue oversubscribed, co-founder Siddharth Shah to have 3-year lock-in for remaining stake
Fresh details are emerging from PharmEasy’s much sought after rights issue. The company has been successful in raising the desired sum — in fact much more than what…
