Page 16 - Latest Updates on Venture Capital
Edtech 2020's most funded sector, witnesses massive jump in VC investments
Investors say most of the edtech companies are seeing 3-5X rise in free audiences and anywhere 50-100% growth in monthly revenues due to Covid
 "Edtech 2020's most funded sector, witnesses massive jump in VC investments")
Next 10 yrs to be India's golden moment: Silicon Valley venture capitalist
India has received foreign direct investment of over $20 billion in the last few months during the coronavirus pandemic
 "Next 10 yrs to be India's golden moment: Silicon Valley venture capitalist")
VC fund HealthQuad gets Rs 514 crore from investors for second fund
HealthQuad has positioned itself as an Indian healthcare transformation fund, says company
 "VC fund HealthQuad gets Rs 514 crore from investors for second fund")
PE/VC investments decline 10% y-o-y in first half of 2020: Report
Deals worth $9.6 billion in Jio Platforms accounted for 52 per cent of all PE/VC investments in this period
 "PE/VC investments decline 10% y-o-y in first half of 2020: Report")
PE-VC investors see decline in fundraising activity, says Crisil Survey
The survey was conducted between May and June this year and the credit rating firm received responses from 26 independent funds and respondents
 "PE-VC investors see decline in fundraising activity, says Crisil Survey")
Jio Platforms deals help PE investments climb 12% to $18.8 bn this year yet
Investments better the $16.8 billion (across 503 transactions) in the same period in 2019, according to Venture Intelligence.
 "Jio Platforms deals help PE investments climb 12% to $18.8 bn this year yet")
Mobility firm Yulu raises $3.9 mn in equity funding round led by Rocketship
So far, the Bengaluru-based start-up has raised more than $20 million in funding from investors like Bajaj Auto, Blume Ventures, 3one4 Capital, Wavemaker, and now US-based Rocketship, among others
 "Mobility firm Yulu raises $3.9 mn in equity funding round led by Rocketship")
Bank of Mauritius approaches RBI to clear the air on NBFC impasse
Bank of Mauritius has written to its Indian counterpart, explaining the mechanism by which investments are greenlighted via the country, and highlighted importance of Mauritius as an investment hub
 "Bank of Mauritius approaches RBI to clear the air on NBFC impasse")
Coronavirus impact: Sebi extends regulatory filing deadline for AIF, VC
The regulator said a need has been felt to further extend the timelines for regulatory filings for such entities
 "Coronavirus impact: Sebi extends regulatory filing deadline for AIF, VC")
VC firm Antler launches in India; Urban Ladder co-founder joins as partner
Antler said India is expected to be the third-largest market and grow into a 5 trillion dollar economy, fueling a much higher growth for the digital economy
 "VC firm Antler launches in India; Urban Ladder co-founder joins as partner")
Start-ups looking to tap into venture debt, avoid large funding rounds
Most start-ups are also not expecting to get the right valuation at this time, as the lockdown imposed to curb the virus' spread has severely disrupted business
 "Start-ups looking to tap into venture debt, avoid large funding rounds")
RBI refuses a dozen licences to NBFCs with investments from Mauritius
PE, VC funds domiciled in the island nation on the radar
 "RBI refuses a dozen licences to NBFCs with investments from Mauritius")
Technology investor Iron Pillar adds $45 million top-up to its Fund-I
The top-up Fund will provide Iron Pillar additional capital to back specific Fund I portfolio companies
 "Technology investor Iron Pillar adds $45 million top-up to its Fund-I")
At $45 bn, India's PE/VC investment in 2019 highest in over 10 yrs: Report
India's share in the Asia-Pacific deal market increased to nearly 25 per cent in 2019 and the investment value was about 70 per cent higher than in 2018
 "At $45 bn, India's PE/VC investment in 2019 highest in over 10 yrs: Report")
Covid-19 opens a new chapter of investment in edtech start-up space
The sector has seen eight investments alone in April from VCs and angel investors
 "Covid-19 opens a new chapter of investment in edtech start-up space")
Cloud over online AGM for banks as they don't fall under Companies Act
MCA notification doesn't include banks as they are governed by separate Act; sources say separate guidelines may have to be issued for them
 "Cloud over online AGM for banks as they don't fall under Companies Act")
Unicorns staring at fund woes, drop in valuation amid Covid-19 outbreak
Curbs on investment by Chinese investors a major roadblock
 "Unicorns staring at fund woes, drop in valuation amid Covid-19 outbreak")
Coronavirus outbreak: Start-up heads predict mayhem in six months
The only disruption for thousands of start-ups in the country till now was limited to to pay cuts, salary freeze and layoffs, but the scene will be different in six months
 "Coronavirus outbreak: Start-up heads predict mayhem in six months")
PE/VC investments hit 24-month low of $1.7 bn, value falls by 39%
Uncertainty over the impact of Covid-19 is expected to act as a significant headwind to Indian PE/VC investments
 "PE/VC investments hit 24-month low of $1.7 bn, value falls by 39%")
Indian VC industry grows by 55% in 2019; Rs 72,0000 crore invested
The report was prepared by Bain & Company in partnership with Indian Private Equity & Venture Capital Association (IVCA)
 "Indian VC industry grows by 55% in 2019; Rs 72,0000 crore invested")
