Venture Capitalists

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.

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

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

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

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

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

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

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

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

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

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

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

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 ...

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

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

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

IvyCap plans to invest Rs 2,100 cr in Indian startups in next 12 years

Venture Capital firm IvyCap Ventures has raised Rs 2,100 crore through its Fund III, with 90 per cent of the corpus coming from domestic investors. Fund III had a basic corpus of Rs 1,500 crore and a provision to raise an additional Rs 600 crore as greenshoe option. "We have raised Rs 2,100 crore. Majority of the fund has come from our existing investors and 90 per cent is domestic capital," IvyCap Ventures Founder and Managing Partner Vikram Gupta told PTI. "Despite challenges in domestic capital flow, we have stuck to our theory that there is enough domestic capital which will continue to grow. With Fund III we have proved it," he said. The Fund III is almost 4 times the size of Fund II, IvyCap said, adding that it plans to invest in Indian startups over a period of 12 years. The Fund plans to invest in about 25 companies at Series A with an average starting investment amount of Rs 30-50 crore. "We are sector agnostic fund. We have already committed around 40 per cent of the fu

CII asks startups to keep their valuations 'as realistic as possible'

It further stated that the start-up should be maintained as a separate legal entity with the organisation's assets distinct from the founders' assets

Capria Ventures closes Rs 153 cr India Opportunity Fund post Awign exit

Capria and other investors in Awign, India's largest tech-led, on-demand work fulfilment platform, have sold their stake in the company in a buyout by Japanese conglomerate Mynavi Corporation

PE, VC investments decline marginally to $13.5 bn in March quarter: Report

Investments by private equity and venture capital funds have declined by 1 per cent year-on-year to USD 13.5 billion in the March 2024 quarter, according to a report. However, it was 41 per cent higher compared to the preceding December quarter, the report by consultancy firm EY and industry lobby grouping IVCA said. When looked at from a volume perspective, the number of deals was 33 per cent higher at 292 in January-March 2024 against 220 in the year-ago period, it added. "We believe the markets and PE/VC investment activity will be range-bound till clarity emerges on election results and the risk of escalation in the geopolitical conflicts eases down," EY partner Vivek Soni said. The infrastructure sector received the maximum PE/VC investments in the quarter at USD 6.5 billion across 23 deals, 138 per cent higher than the USD 2.7 billion across 14 deals in the year-ago period, it said, adding that the same was led by the USD 2 billion investment by Brookfield in ATC India Tower

Tomorrow Capital leads $2.7 mm fundraise for kidney care startup VitusCare

Venture capital fund Tomorrow Capital on Tuesday said it has led a USD 2.7 million (over Rs 20 crore) fundraise for VitusCare, a kidney care startup based in Gurugram. In addition to Tomorrow Capital's contribution, the Series A funding round saw participation from existing investor 1Crowd, alongside support from 3i Partners and a consortium of angel investors, totalling approximately USD 5 million in funding across all the funding rounds, the company said in a statement. The fresh capital injection will empower VitusCare to aggressively expand its operations, with a targeted focus on deeper penetration into 'Bharat', it added. "As the prevalence of lifestyle-related disorders such as diabetes and hypertension continue to rise, the demand for kidney-related services is poised to increase exponentially. VitusCare's innovative approach and impressive growth trajectory align perfectly with our mission to invest in solutions that make a meaningful impact on public health," Tomorrow ...