Sequoia closes $1.35-billion India venture & growth fund
This takes Sequoia Capital’s total assets under management for India to an estimated $5.4 billion, spread across the seven funds it has raised till date, and through which it invests in India and across Southeast Asia.
Zetwerk bags Rs 160 crore funding led by Greenoaks Capital
The latest funding comes just six months after Zetwerk raised $32 million which wa...
Accel Partners leads $3 million funding round in online events hosting platform Airmeet
Venture Highway, Global Founders Capital and angel sy...
ACT Grants partners with Gates Foundation, MSDF & Wadhwani Foundation for combating COVID-19
ACT Grants said it has brought together the collective strength of over 50 venture capital firms, 40 start-ups and some of India's entrepreneurs in the fight against COVID-19.
Covid impact: BookMyShow trims business, 270 hit by layoffs & furloughs
The company has been forced to downsize due to the “unfavourable environment,” said Ashish Hemrajani, chief executive of BookMyShow, in an email to employees that was also posted on its website.
Darling of developers, how Postman made a $2 billion valuation look like an overnight success
On June 11, Postman announced it had raised $150 mn in venture capital at an enterprise valuation of $2 bn.
LetsVenture launches platform for HNIs, family offices to invest in startups
LetsVenture Plus, the invite-only platform, is currently in stealth mode but is expected to be formally announced later this week, already has about 500 users.
From Unicorn India Ventures to GrowX Ventures, Micro VCs fight for relevance as bigger funds dig in
A number of micro VC fund managers admit that the emergence of marquee VC-backed programmes over the last two years have made the startup landscape trickier to navigate, which has therefore seen them adopt niche investment strategies, and also to scout for opportunities outside the metros.
BITS Pilani’s Accelerator launches 16th edition; to help 1,000 early-stage startups
The top 10 ideas from across the country would undergo a 10-day mentorship program in Bangalore with investment workshops by firms like Accel Partners and Blume Ventures.
Spacejoy bags $1 million in seed fund from Accel Partners
The company is among a rare breed of Indian consumer startups catering to Western markets.
VCs and startup CEOs join hands to launch Covid-19-focussed Grant
The Action Covid Team Grants, which is possibly a first-of-its-kind initiative globally, has already received about 40% of its target corpus.
Info Edge set to raise new $100 million fund
The fund also comes at a time when overall investment activity is slowing down due to the Covid-19 pandemic.
Curefit scoops up Rs 832 crore in fresh round led by Temasek
The new financing round has also seen the entry of two new investors into the company’s investor cap table, GableHorn Investments and Ascent Capital.
Fresh set of VCs from Sequoia, Accel, others quit to become founders
Accel, an early backer of Flipkart and Swiggy, estimates that 90% of those who stepped down from the fund ended up starting their own companies.
SAIF, Accel Partners & others invest in used-car retailing platform Spinny
The Series-A round also saw participation from venture debt firm Alteria Capital as well as Spinny’s existing investors Blume Ventures and Simile Ventures.
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