Page 15 - Latest Updates on Venture Capital
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")
The Big Four, VCs and start-ups
If the Big Tech companies get broken up and their powers to acquire get significantly curbed therefore, the whole ecosystem will need to change
Software Technology Parks of India to launch a VC fund to support start-ups
This scheme will support around 300 start-ups for the next three years by offering Rs 25 lakh risk capital and Rs 10,000 internship per startup
 "Software Technology Parks of India to launch a VC fund to support start-ups")
Jan to Sep VC investments down nearly 17 per cent YoY to $6.5 billion
Education topped the table with nearly $1.755 billion as against $379 million last year, followed by real estate which received $754 million
PE-VC firms invest $26.3 billion in Jan-Sep 2020; down 2 per cent YoY
Investments in RIL subsidiaries deals have managed to arrest the overall decline in PE-VC investment figures in 2020
US continues to be biggest source of VC investment in India as China shrugs
Experts say, the dominance of the US investors will probably grow in the coming decade, including in filling the gap created by the withdrawal of Chinese investors
 "US continues to be biggest source of VC investment in India as China shrugs")
VC investments from China down by 66% in 2020, startups to feel the heat
China, which was ranked third on the PE/VC investments by country of investors, in 2019 fell to the sixth position in 2020
 "VC investments from China down by 66% in 2020, startups to feel the heat")
GCV Powerlist 2020: 5 Indians among top 25 venture capitalists in the world
GCV compiles its annual Powerlist of the top 100 heads of corporate venturing units out of more than 2,000 venturing companies globally
 "GCV Powerlist 2020: 5 Indians among top 25 venture capitalists in the world")
Chiratae Ventures lines up 10-14 investments from Fund IV this year
Eyes edtech and e-gaming segments apart from core focus areas
Fintech deals double to $1.17 bn during Jan-Jun despite slowdown: Report
The first quarter of 2020 saw fund inflows jumping fivefold and the same in the second quarter added 50 per cent more
 "Fintech deals double to $1.17 bn during Jan-Jun despite slowdown: Report")
3one4 Capital launches $100 million fund to back early-stage start-ups
Fund will be invested in about 30 start-ups in areas such as health, machine-driven intelligent services, edtech, agritech, and logistics with an average ticket size between $500,000 and $4 million
 "3one4 Capital launches $100 million fund to back early-stage start-ups")
9Unicorns makes first close of Rs 100 cr for its new fund for start-ups
The fund intends to offer $100,000 for 5-7% equity per start-up
 "9Unicorns makes first close of Rs 100 cr for its new fund for start-ups")
Tech-sharing deals put Indian start-ups in fix with China's new controls
Beijing has added 23 technologies to its list of regulated exports; move could affect start-ups that have IP co-creation as part of investment deal with Chinese VC investors, say experts
 "Tech-sharing deals put Indian start-ups in fix with China's new controls")
Lumikai launches VC fund for gaming, interactive media start-ups
Lumikai, a venture capital firm focused on gaming and interactive media, on Monday announced a new early stage VC fund that will support up to 20 early-stage investments
Silicon Valley-based VC Rocketship raises $100 mn for its second fund
The launch of Fund II will enable the VC to continue investing globally across sectors and company stages and increase the firm's number of follow-on investments, said the Silicon Valley-based VC
 "Silicon Valley-based VC Rocketship raises $100 mn for its second fund")
World Bank arm invests $10 mn in venture capital firm Endiya Partners
Funding helps Endiya portfolio companies with financial and strategic support
 "World Bank arm invests $10 mn in venture capital firm Endiya Partners")
