Page 8 - Latest Updates on Venture Capital
PE, venture capital deals in healthcare, health tech firms grew 16% in 2019
Surge defies economic slowdown and a pricing and insurance issues, as healthcare is seen as a necessity from consumer's perspective
 "PE, venture capital deals in healthcare, health tech firms grew 16% in 2019")
PE/VC investment up by almost three times in November; driven by infra flow
PE/VC investments accounts 1.7-1.8% of GDP, almost at par with China and the global average
 "PE/VC investment up by almost three times in November; driven by infra flow")
Budget 2020: Venture Capitals, startups seek budgetary aid in meet with FM
The Nasscom has also sought that IT and BPO firms should not be treated as financial intermediaries for the goods and services tax (GST).
 "Budget 2020: Venture Capitals, startups seek budgetary aid in meet with FM")
Venture Capital firm 3one4 raises Rs 400 crore for its third fund
Fund managed by Pranav and Siddartha Pai, sons of former Infosys director and CFO T V Mohandas Pai, has invested in 50 startups so far
 "Venture Capital firm 3one4 raises Rs 400 crore for its third fund")
Fireside Ventures to invest in 20 start-ups in superfoods, fashion segments
The venture capital (VC) firm is planning to make around 18-20 investments via fund 2 in the range of $4-5 million in each portfolio company across Pre-Series A and Series A stages
 "Fireside Ventures to invest in 20 start-ups in superfoods, fashion segments")
Start-up IPOs will start happening over next 5 yrs: Accel's Subrata Mitra
'We love to invest early in tech-driven companies solving large problems', said Mitra
 "Start-up IPOs will start happening over next 5 yrs: Accel's Subrata Mitra")
PE/VC firms invested over $2 bn in NBFCs, despite IL&FS crisis of 2018
According to Venture Intelligence data, this year's total come from 33 deals; there were 37 in 2018
 "PE/VC firms invested over $2 bn in NBFCs, despite IL&FS crisis of 2018")
Fireside Ventures announces closing of Fund II, investment in Gynoveda
Fund II of Fireside is anchored by Indian and global investors and institutions
 "Fireside Ventures announces closing of Fund II, investment in Gynoveda")
PE/VC investments in October touch $3.3 billion, continue 2018 trend
Total PE/VC investments in India now stand at $43.7 billion till now this year--16.5 per cent higher than the previous high of $37.5 billion recorded in entire 2018.
 "PE/VC investments in October touch $3.3 billion, continue 2018 trend")
Venture capital firm Jungle Ventures raises $240 million for third fund
Jungle is scouting for companies in India which have an opportunity to scale their business into Southeast Asia and globally
 "Venture capital firm Jungle Ventures raises $240 million for third fund")
Social commerce player DealShare raises $11 mn from Matrix Partners, others
The start-up, focused on middle- and lower-income clientele in grocery and home categories segments, in Tier-II and -III cities, currently has over 300,000 customers and services 15,000 orders per day
 "Social commerce player DealShare raises $11 mn from Matrix Partners, others")
Groww raises $21.4 mn in Series B funding from Ribbit Capital, Sequoia
Groww, an investing platform offering direct mutual funds on its platform, has more than 2.5 million registered users
 "Groww raises $21.4 mn in Series B funding from Ribbit Capital, Sequoia")
JLL's VC arm Spark invests undisclosed sum in co-working platform Qdesq
Deal will help investor provide a more comprehensive solution to its clients in 35 Indian cities
August PE/VC flows up 13% YoY to $4.4 bn; infra, realty grab 35% share
16 large deals with value over $100 mn each were recorded, aggregating to $3.3 bn, compared to six such deals worth $3.3 bn a year ago
 "August PE/VC flows up 13% YoY to $4.4 bn; infra, realty grab 35% share")
UP to create Rs 200 crore venture capital fund for MSME start-ups
SIDBI will manage the venture capital corpus
 "UP to create Rs 200 crore venture capital fund for MSME start-ups")
Venture Catalysts launches Rs 300-cr fund for early stage startups
Started with a dedicated fund allocation of Rs 300 crore, the accelerator VC 9Unicorns Fund plans to invest in 100 start-ups in three years
Private equity, venture capital exits drop 86% in Q2
41 profitable exits compared to 77 a year ago
We want to bridge gap between angels and $100 mn funds: Artha Venture Fund
Artha Venture Fund was originally known as Artha India Ventures
 "We want to bridge gap between angels and $100 mn funds: Artha Venture Fund")
Lightspeed Ventures looks to cash in on cloud-based businesses
Lightspeed doesn't disclose its investments but officials say that as an early stage fund, it makes seed and series A investments that are in the range of $1-$3 million and $3 million-upwards
VC investments in auto-tech companies up 250%, trucking platforms lead race
Nearly half of the money was received by trucking platforms including BlackBuck and Rivigo. This segment alone attracted $265 million across 10 deals
