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Venture Capitalists

Singulr AI raises $10 mn led by Nexus Venture, Dell Technologies Capital

Singulr is helping enterprises rapidly adopt and operationalise powerful new AI technologies while managing costs and minimising risk.

Updated On: 18 Feb 2025 | 8:09 PM IST

Sebi cancels registration of 19 FVCI cos for failing to meet eligibility

Capital markets regulator Sebi on Tuesday cancelled the registration of 19 defunct FVCI (Foreign Venture Capital Investors) after they failed to meet the eligibility criteria. The 19 entities include Axis Capital Mauritius, Axis India Infrastructure Holdings, Blackstone Capital Partners (Singapore) VI FVCI Pte Ltd, P6 Asia Holding Investments (Cyprus) Ltd, Pequot India Mauritius IV, Ltd and Omega FVCI Investments Pte Ltd. In its order, Sebi noted that these defunct FVCI companies are no longer in existence as incorporated entities in their respective jurisdictions and thereby no longer satisfy the condition of being an entity incorporated outside India as stipulated in the FVCI Regulations. The regulator observed from the website of the Business Registration Department of Mauritius, Cyprus and Singapore, that the status of 19 FVCIs in their parent jurisdictions was defunct. Additionally, the entities had not informed Sebi about the change in their regulatory status -- the entitie

Updated On: 18 Feb 2025 | 5:00 PM IST

Raising funds this year will be tough for VCs: Pavestone Capital

However, the firm is not looking to raise any more for at least 12 months, having just closed Rs 816 cr in fundraising, said Managing Partner Laxmikanth V

Updated On: 05 Feb 2025 | 4:34 PM IST

India's AI infrastructure falls short, needs more investments: VCs

Concerns over India's AI readiness come amid global developments, such as China's DeepSeek open-sourcing large language models (LLMs)

Updated On: 28 Jan 2025 | 6:35 PM IST

DPIIT holds discussions with PEs, VCs, pension funds on ways to promote FDI

The Department for Promotion of Industry and Internal Trade (DPIIT) on Wednesday held consultations with pension funds, private equity and venture capitals on ways to attract more foreign direct investments into the country, an official said. The meeting was second in the line. Last week, the department held discussions with stakeholders, including law firms and industry chambers, on the matter. In that meeting, the issues being flagged by law firms included permitting e-commerce players to allow foreign direct investment (FDI) in inventory-based models of online trade for export purposes only; easing press note 3 by defining beneficial ownership; and some tweaking the policy for single-brand retail trading. Under this press note, government approval is mandatory for investors from countries sharing land borders with India in any sector. FDI inflows into India have crossed the USD 1 trillion milestone in the April 2000-September 2024 period. The key sectors attracting the maximum

Updated On: 15 Jan 2025 | 8:22 PM IST

Earth or Mars? The future lies in choosing where, and who, we want to be

The question isn't just where we should invest - it's who we want to be.

Updated On: 30 Nov 2024 | 12:36 AM IST

VC funding rises 44% to $9.2 billion in the first 10 months of 2024

Country continues to rank among top five markets globally for VC funding activity: Report

Updated On: 29 Nov 2024 | 11:27 PM IST

Karnataka govt's venture capital programme to bring investment of $17.5 bn

The programme Venture Capital Connect organised during the upcoming Bengaluru Tech Summit is expected to draw over 50 leading global investors, including family offices, angel investors

Updated On: 13 Nov 2024 | 9:10 PM IST

BS BFSI Summit: Public listings allow profitable exits for PEs, say experts

Investment leaders from Bain Capital, Samara Capital, BlackSoil Capital, and Multiples Alternate Asset Management speak about capital flow, business and startup growth at the BS BFSI Insight Summit

Updated On: 08 Nov 2024 | 1:51 PM IST

Best of BS Opinion: Global VCs at crossroads, Policy process, more

Here is the best of Business Standard's opinion pieces for today

Updated On: 22 Oct 2024 | 6:38 AM IST

The state of global venture capital: India must avoid Western pitfalls

The industry, however, seems to be at a crossroads, with many funds' lifespans being extended and distributions at all-time lows

Updated On: 21 Oct 2024 | 10:57 PM IST

Inflexor Ventures aims to raise Rs 1,200-1,700 cr for its third fund

VC firm to expand investments in India's technology sector, 'build on success' of previous funds

Updated On: 06 Oct 2024 | 11:06 PM IST

Venture capital firm CRV planning to do something rare: Give money back

The reason, four of the firm's partners said in a joint interview, is that market conditions have changed for the worse

Updated On: 02 Oct 2024 | 11:03 PM IST

Sebi issues guidelines for FVCIs outlining compliance, registration

Markets regulator Sebi on Thursday issued operational guidelines for Foreign Venture Capital Investors (FVCIs) outlining procedures for registration, compliance, and investment activities Also, the Securities and Exchange Board of India has issued operational guidelines for Designated Depository Participants (DDPs). The guidelines are aimed at helping FVCIs and DDPs transition smoothly to the amended FVCI regime, which will come into effect on January 1, 2025. Under the guidelines, Sebi has outlined procedures for FVCI registration, compliance, and investment activities and also specified the role of DDPs. The regulator has set a deadline of March 31, 2025, for all existing FVCIs to engage with a DDP. Failing to do so will restrain FVCIs from making any new investments. "Existing FVCIs shall engage a DDP, to avail its services for conducting due diligence with respect to continuance of registration as an FVCI, by March 31, 2025. "Any FVCI failing to engage a DDP by March 31, 20

Updated On: 26 Sep 2024 | 10:48 PM IST

Sebi modifies foreign venture investors' registration, eligibility criteria

Capital markets watchdog Sebi has notified rules to streamline the framework for the registration of Foreign Venture Capital Investors (FVCIs). Under this, the process of granting registration to FVCIs and processing other post-registration references has been delegated to designated depository participants (DDPs) in line with provisions prescribed for FPIs (Foreign Portfolio Investors). An applicant seeking registration as an FVCI is required to engage a DDP to avail of its services for obtaining a registration certificate as FVCI and at all times the DDP and the custodian of the FVCI shall be the same entity. At present, the processing of applications for granting registration to FVCIs and related due diligence is carried out by the Securities and Exchange Board of India (Sebi). "No person shall buy, sell or otherwise deal in securities as a foreign venture capital investor unless it has obtained a certificate granted by a designated depository participant on behalf of the Board

Updated On: 09 Sep 2024 | 6:34 PM IST

PE-VC funds investment declines sharply in July to $2.7 bn: Report

Investments in Indian entities by venture capital and private equity funds declined sharply to USD 2.7 billion in July this year, a report said on Wednesday. The bets were 42 per cent lower than USD 4.6 billion in the preceding month of June, and 35 per cent down from USD 4.1 billion in July last year, the report by industry lobby grouping IVCA and consultancy firm EY, said. Interestingly, the number of deals increased to 81 from 68 transactions in the year-ago period, indicating the deal sizes were down. "The second half of 2024 appears to have had a weak start. We expect PE/VC investors to take a cautious approach as concerns over global uncertainties, inflation and geopolitical tensions play out, influencing the confidence and willingness of investors to deploy additional capital," the firm's partner Vivek Soni said. He added that the budget has been a "net positive" for the sector, and added that the angel tax removal should stimulate investor interest in the start-up space. T

Updated On: 14 Aug 2024 | 11:11 PM IST

Sebi proposes revised format for FVCI for filing compliance report

Capital markets regulator Sebi on Thursday proposed a revised format for filing compliance reports by Foreign Venture Capital Investors with regard to their activities. Under the rule, Foreign Venture Capital Investors (FVCI) are required to provide quarterly reports to Sebi in the format specified with respect to their venture capital activities. "Recently, the Sebi board has approved amendments to FVCI Regulations which will be notified in due course. In this context, a need for revising the format for filing of compliance reports by FVCI has been felt," Sebi said in its consultation paper. As per the proposed revised format, FVCI are required to provide general information about them, including Sebi's registration number, date of grant of such registration, date of incorporation, country of incorporation, category of FVCI, and principal place of business. Additionally, they are required to provide details of directors, brief investment details of FVCI in India, industry-wise ...

Updated On: 08 Aug 2024 | 5:35 PM IST

Role of foreign investments in India's thriving startup ecosystem

Foreign investments bring crucial capital, technology, and global market access, propelling India's startup success and innovation

Updated On: 29 May 2024 | 6:45 PM IST

Legacy firms outperform modern, got 75% of PE-VC investments in 2023

75% of PE-VC investments were directed towards conventional sectors such as healthcare, retail, energy, advanced manufacturing

Updated On: 09 May 2024 | 12:24 PM IST

In red-hot AI space, funds for Indian startups cooling down: Traxcn

PE/VC funding down 71% in CY23; it has slowed further in this year

Updated On: 03 May 2024 | 10:32 PM IST