The value of investments in Q1FY21 was also over 58% higher compared to the immediate previous quarter (which saw $7.5 billion being invested across 231 deals)
This is Mela Ventures' third investment since its first close of the fund in August 2020
VC investors Ravi Adusumalli and Shashin Shah will lead the SPAC
Gartner predicts that by 2025, the AI- and data-science-equipped VC or PE investor will become commonplace
Book review of The Economics of Venture Capital Firm Operations in India
Apart from central and state govt schemes that fund new ideas, you have PE/VC firms, angel investors and incubators to help your business see the light of day; just get your business model right
This compares to $3.6 billion in the previous quarter, said a KPMG report
While foreign investors like Japan's Softbank, China's Alibaba, and the US' Sequoia are big players in the start-up space, India doesn't have a serious VC sector with risk appetite, writes T N Ninan
The Mumbai-based investment firm VCats runs an incubator and a SEBI registered accelerator fund 9Unicorns
The firm, earlier known as SAIF partners, will be deploying the full fund in the next 2-3 years
Average ticket size of these investments is expected to be $10 mn
Month has been better than the sub $1 billion monthly run rate seen in the early months of the coronavirus pandemic
At Prime, Gupta will be a part of the investment committee and actively involved in the decision-making process of all future investments
The hopeful truth is that when Americans band together to force open the gates of opportunity for women, for Black men, for the groups that have long been oppressed in our economy, everyone gets ahead
Industry experts expect the move to help startups in terms of enhancing their ability to incentivise personnel and retain talent
Around $4.6 billion, or 85 per cent of the total deals, invested was in Jio Platforms, the digital arm of Reliance Industries
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
Urge govt not to slap the rule on PE funds that have already raised money
The action group will be known as Parliamentarians with Innovators for India (PIIndia.org), which aims to spur innovators to solve challenges in areas such as public health, economy, and livelihood.
This comes as seed investments in India during the January-March quarter, which was hit by the lowest level in five quarters