Page 4 - Latest Updates on Venture Capital
PE/VC exits surge 36% to $24.8 bn in 2023 amid declining investments
The infrastructure sector emerged as the leader, attracting $11.6 billion in investments in 2023, while traditional favorites such as financial services and technology witnessed a decline
 "PE/VC exits surge 36% to $24.8 bn in 2023 amid declining investments")
Insurtech startup Bharatsure raises $1 million led by VC fund Capital-A
The company had previously raised $1.2 million in February 2022 which saw the participation of its existing investors
 "Insurtech startup Bharatsure raises $1 million led by VC fund Capital-A")
India share of venture capital funding lowest in 5 years, shows data
While the data shows that the world had 71 new unicorns (21 in Asia), India contributed only two of them, as compared with CY22 when it had 22
 "India share of venture capital funding lowest in 5 years, shows data")
Sebi mulls liquidation flexibility for AIF, VCFs to deal with beyond tenure
The regulator proposed extending flexibility of the dissolution process to venture capital funds through migration to the AIF regime
 "Sebi mulls liquidation flexibility for AIF, VCFs to deal with beyond tenure")
Angel investments in Indian startups maintain pace amid funding winter
While overall deal volumes among startups have fallen, investment activity among the country's most-active angel investors have been relatively steady
 "Angel investments in Indian startups maintain pace amid funding winter")
Agritech startup Fasal raises Rs 100 cr from investors to expand business
Founded in 2018, Fasal leverages AI, crop sciences, and Internet of Things (IOT) to provide farm-level, crop-specific and crop-stage-specific intelligence, enabling resource optimisation
 "Agritech startup Fasal raises Rs 100 cr from investors to expand business")
India-focused VC funds continue to raise capital despite funding winter
As of December 2023, 185 India-focused VC funds are in the market, aiming to raise a combined capital target of $10.73 billion, according to Preqin
 "India-focused VC funds continue to raise capital despite funding winter")
PE/VC investments dip to 43-month low of $1.6bn in November: Report
PE/VC funds raised $401 million in November for investing in future, which was lower than the $ 1.9 billion raised in November 2022 and $2.4 billion in October 2023, the report added
 "PE/VC investments dip to 43-month low of $1.6bn in November: Report")
Snacking brand Farmley raises Rs 56 crore from BC Jindal Group, others
Farmley Co-Founder Akash Sharma told PTI that the company has raised $6.7 million which will be utilised in innovation, expanding distribution channel and brand building efforts
 "Snacking brand Farmley raises Rs 56 crore from BC Jindal Group, others")
Venture capital funds backing fewer women startups than men-led ones: Irani
"Even today, risk taking by VCs for women-led initiatives which are based on innovation is far lower as compared to those by men," Irani said
 "Venture capital funds backing fewer women startups than men-led ones: Irani")
Indian PE/VCs deliver higher returns than bourses, says Crisil report
"A key contributor to this success has been the PE-VC markets, which have risked capital and sown financial know-how," said the Crisil report
 "Indian PE/VCs deliver higher returns than bourses, says Crisil report")
Agilitas Sports secures Rs 100 cr Investment from Nexus Venture Partners
Sport comprises 16 per cent of the Indian footwear market and is the fastest-growing segment
 "Agilitas Sports secures Rs 100 cr Investment from Nexus Venture Partners")
India has $20 bn dry powder waiting to be invested: Peak XV MD Anandan
Says investors are looking to invest unallocated capital in sectors like AI
 "India has $20 bn dry powder waiting to be invested: Peak XV MD Anandan")
Venture capital Sauce.vc acquires around 3% stake in GRM Foodkraft
Sauce has also acquired an additional 1 per cent stake from other shareholders in GRM Foodkraft, which focuses on domestic foods business
 "Venture capital Sauce.vc acquires around 3% stake in GRM Foodkraft")
Private equity, venture capital investments dropped to $3.4 bn in October
By value, the bets were 3 per cent lower than the $3.5 billion in the year-ago period, and 19 per cent lower than the $4.2 billion in September, shows IVCA-EY report
 "Private equity, venture capital investments dropped to $3.4 bn in October")
DIEZ launches AED 500 mn venture capital fund to finance tech startups
The new fund was launched on the sidelines of the Dubai Business Forum, which is being organised by Dubai Chambers under the patronage of Sheikh Mohammed bin Rashid
 "DIEZ launches AED 500 mn venture capital fund to finance tech startups")
BS BFSI Summit 2023: No funding winter in PE investments, say experts
India is a highly favoured destination for investment in APAC, Renuka Ramnath, founder and CEO at Multiples Alternate Asset said at Business Standard's BFSI Insight Summit 2023
 "BS BFSI Summit 2023: No funding winter in PE investments, say experts")
SoftBank's venture capital fund SVF Growth to sell 1.1% in Zomato
SVF Growth will sell the stake at an offer price of Rs 109.4 to Rs 111.65 per share, a 2 per cent discount to its current market price at the lower end, the report added
 "SoftBank's venture capital fund SVF Growth to sell 1.1% in Zomato")
Artha Venture announces second exit at 19-fold return from mobility firm
Company says Fund 1 drawing to a close after investing in 31 firms
 "Artha Venture announces second exit at 19-fold return from mobility firm")
Former Swiggy CTO Dale Vaz gets funding for new venture Aaritya Tech
At Aaritya, Vaz is now building a new-age trading platform for individual investors to help them trade and invest
 "Former Swiggy CTO Dale Vaz gets funding for new venture Aaritya Tech")
