Start-up Deals

A year later as season 2 begins, start-ups that 'sharks' invested in vouch for marketing gains from it but only a few have raised funds subsequently

According to a PwC report, the Indian start-up ecosystem saw investments of over $10 billion in the third quarter of calendar 2021 from VCs

Investments into the startup ecosystem by micro venture capital funds (investments under 30 million) have jumped manifold to USD 341 million in the past three years

Major deals include $586 million by Tencent and others in Udaan this August, followed by $413 million by SoftBank Corp, Carlyle and Fosun Group in Delhivery

This is the fifth acquisition by Westbridge Capital-backed firm

Funds will be used to fuel team growth across engineering, sales, and marketing across the US, Latin America, Europe, and Asia

The Bengaluru-based firm has also signed another 3 multi-year contracts in advisory services for upstarts in bakery, wellness and chocolate industries

Angel investors don't see exits on the horizon as funding in the next stages is not as robust as it used to be