Page 5 - Latest Updates on Venture Capital
Venture debt player Trifecta Capital to set up Rs 1,500-crore fund 3
The venture debt fund launched in 2014 has so far invested in 72 companies, including nine unicorns, such as BigBasket, Rivigo, Cars24, and Urban Company
 "Venture debt player Trifecta Capital to set up Rs 1,500-crore fund 3")
Sharp rise in Micro VC investments as 566 startups get $341 mn in 3 years
With the startup ecosystem blooming in India, the number of such funds rose from 29 in 2014 to 88 funds last year
 "Sharp rise in Micro VC investments as 566 startups get $341 mn in 3 years")
Small venture capital funds making a beeline for startups: Report
Investments into the startup ecosystem by micro venture capital funds (investments under 30 million) have jumped manifold to USD 341 million in the past three years
 "Small venture capital funds making a beeline for startups: Report")
PE/VC investments drop by 35% in January to $1.6 bn: EY-IVCA data
January 2021 recorded three large deals worth $680 mn compared to five large deals worth $1.4 bn in January 2019 and 12 large deals worth $6 bn in December 2020
 "PE/VC investments drop by 35% in January to $1.6 bn: EY-IVCA data")
Tips on raising funds from govt agencies and PE firms for your startup
Apart from central and state govt schemes that fund new ideas, you have PE/VC firms, angel investors and incubators to help your business see the light of day; just get your business model right
 "Tips on raising funds from govt agencies and PE firms for your startup")
India Quotient raises fourth fund worth $80mn for 'game-changing' startups
Venture capital fund has funded close to 70 startups over the last eight years.
 "India Quotient raises fourth fund worth $80mn for 'game-changing' startups")
Venture capital starts 2021 with a bang after record Q4: Goldman
The 130% surge in year-to-date funding was led by Robinhood, Cruise Automation, Lalamove, Didi Cargo and Databricks, which cumulatively have raised over $9.4 billion
 "Venture capital starts 2021 with a bang after record Q4: Goldman")
Alphabet's VC arm backs OnePlus co-founder Carl Pei's 'Nothing' company
The funding would help 'Nothing' to release its first smart devices in the coming months.
 "Alphabet's VC arm backs OnePlus co-founder Carl Pei's 'Nothing' company")
Alphabet's VC arm backs OnePlus co-founder Carl Pei's 'Nothing' Company
The Nothing founder left OnePlus last year to focus on his new company
 "Alphabet's VC arm backs OnePlus co-founder Carl Pei's 'Nothing' Company")
Inflows into RIL arms take 2020 PE, VC investments close to 2019 level
Private equity and venture capital fund investments in India stood at $47.6 billion in 2020
 "Inflows into RIL arms take 2020 PE, VC investments close to 2019 level")
PE/VC investments in 2020 at par with 2019 at $47.6 billion, says EY-IVCA
Investments in Reliance Group entities worth S$17.3 billion accounted for 36% of all PE/VC investments in 2020
 "PE/VC investments in 2020 at par with 2019 at $47.6 billion, says EY-IVCA")
Venture capital funding in India hits $3.1 billion in fourth quarte: KPMG
This compares to $3.6 billion in the previous quarter, said a KPMG report
 "Venture capital funding in India hits $3.1 billion in fourth quarte: KPMG")
Kerala plans to set up dedicated VC fund, open govt market for startups
Fund to be set up with backing of public sector banks and Kerala State Industrial Development Corporation
 "Kerala plans to set up dedicated VC fund, open govt market for startups")
London resilient at top of European tech investment table despite Covid-19
London retained its position as the top European destination for tech venture capital in 2020, with levels near the record amount of the year before despite the impact of coronavirus
 "London resilient at top of European tech investment table despite Covid-19")
Lalit Jalan, ex-CEO of Reliance Infra, joins as 3Lines India Chairman
The four-year-old firm based out of Denver, Colorado, invests in AI-enabled and disruptive software technology-based startup companies
 "Lalit Jalan, ex-CEO of Reliance Infra, joins as 3Lines India Chairman")
Mittal Jr ups his reputation as VC investor as firm invests $500 mn so far
Mittal Junior will not divulge how much the company has invested so far, but he admits that the investments range from $10 million, which is the minimum threshold, to $50 million
 "Mittal Jr ups his reputation as VC investor as firm invests $500 mn so far")
Zoom's Eric Yuan, top Silicon Valley VC invest in retail-tech firm Arzooo
Funding amount not known; Arzooo is Yuan's first India investment. Bill Tai has 22 IPOs to his credit, was among first investors in Twitter, Zoom Video, Wish.com, Canva, and ColorGenomics
 "Zoom's Eric Yuan, top Silicon Valley VC invest in retail-tech firm Arzooo")
Real estate sector propels PE/VC deal activity in October, says report
Private equity exits have witnessed a slowdown
 "Real estate sector propels PE/VC deal activity in October, says report")
PE/VCs pumped in $8.4 billion in Oct 2020, growth of 163% over Oct 19
Significant jump in PE/VC investments was primarily on account of investments worth $3.3 billion made in Reliance Retail Ventures
 "PE/VCs pumped in $8.4 billion in Oct 2020, growth of 163% over Oct 19")
Early-stage VC firm Inflexor aims to close Rs 500-crore fund by March
The proceeds will be invested in about 25 companies over the next few years
 "Early-stage VC firm Inflexor aims to close Rs 500-crore fund by March")
