3one4 Capital, an early stage venture capital firm that primarily invests in tech companies -- expects to fully tie up commitments for its latest fund of over $100 mn corpus during current quarter.
Latest data from EY show PE and venture investment in startups doubled in H12021 to $6 bn. With more activity in the market, ancillary businesses like accelerators and incubators also thrived
Among its investments are aerospace manufacturer Agnikul, space tech startup AstrogateLabs, The eplane Company, which aims to build all-electric flying taxis
This compares to April's $7.5 billion and the year-ago period's $5.4 billion
A surge of interest in Indian start-ups and the robust performance of the seed fund's early investment made AVF overshoot its target
Yalo will use the financing to deepen its presence in Latin America and Southeast Asia
The new round will be used to consolidate Myelin's products in the India video streaming market, and to expand into international markets
Here's a selection of Business Standard opinion pieces for the day
Private funding is bridging a crucial gap
266 deals took place in the period
The fund will specifically focus on encouraging the best ideas to digitise SMBs
The pandemic is expected to accelerate big-ticket venture capital, private equity as well as consolidation related deals in unicorns and soonicorns in the country
Trifecta Capital is planning a Rs 1,500 crore-late stage venture capital fund that will invest in new economy companies that are likely to pursue an initial public offering in the medium term
The value of investments in Q1FY21 was also over 58% higher compared to the immediate previous quarter (which saw $7.5 billion being invested across 231 deals)
Times are flush for young tech companies like Stripe and Coinbase, which are having a moment as they upend the financial establishment
The angel network plans to increase its investor base beyond 5,000; double the number of investee firms and corpus for 2021
This is the largest investment in the Indian sports tech ecosystem to date
The startup currently has a turnover of Rs 2 cr in the Rs 250-crore market
Union Minister Piyush Goyal said new India is moving with a new energy towards a bright future, and Private Equity and Venture Capitalists are our partners in this new Journey towards a new Horizon
Consumer tech and SaaS saw 'continued momentum' despite lockdowns to contain Covid-19, says report.