Venture Catalysts

South Korea's KB Group invests $100 mn in Elev8 Venture Partners Fund

Financing will help Elev8 identify investment opportunities in Indian technology companies

Venture Catalysts says it has funded 54 start-ups at over $50 mn valuation

Individual valuations of at least two dozen companies have crossed $100 million, says investment firm

Startup funding drops by 80% YoY to $3 bn in Q3 of Calendar 2022: Tracxn

Average ticket size also dips across all funding stages, late-stage sees biggest fall of 70%, indicating that investors aren't willing to make large investments until economic conditions improve

Flickstree raises $5 mn in pre-series B round led by Venture Catalysts

Flickstree is a content and marketing tech start-up that uses AI to create free branded video content; its data engine promote these videos, which keep churning transactions in auto-pilot mode

Venture Catalysts-backed Elev8 announces $200 mn fund to invest in startups

Venture Catalysts-backed Elev8 Venture Partners on Thursday announced the launch of a USD 200 million fund to invest in tech companies. The fund intends to invest in growth-stage, technology-driven companies in Series B and C rounds, an official statement said, adding that each bet will be between USD 5-USD 15 million. It will be led and co-founded by Navin Honagudi, who was working as a partner at Kae Capital for over a decade and has invested in over 50 companies, the statement noted. Early-stage platform Venture Catalysts is an institutional backer for Elev8, which will be the fourth fund to be backed by the firm and take the total assets under management for the group to over USD 450 million. It can be noted that the announcement comes at a time when the entire ecosystem is going through what is being referred to as a 'funding winter' where investors are shying away from taking newer bets. "Even though liquidity in technology investments is drying up, Elev8 has received an ...

First close of Venture Catalysts-backed Beams Fintech Fund at Rs 270 cr

Beams has a target corpus of $100 million; will primarily back fast-growing fintech firms in their Series B & C rounds

Venture Catalyst launches Beams Fintech Fund with $100 mn target size

Founding team is already in advanced stages of its first close and is even making a few investments

Power Gummies raises $6mn in Series A funding from 9Unicorns, others

Dietary supplement brand Power Gummies on Monday said it has raised $6 mn in funding led by 9Unicorns.

Venture Catalysts made 207 bets in 2021, biggest exit brought 80x returns

IPO rush encourages early stage investor to dial-up deals up to Series C rounds

Baggage delivery firm CarterX raises funds from Venture Catalysts

On-demand baggage delivery platform CarterX on Friday said it has secured an undisclosed seed-round from Venture Catalysts

Venture Catalyst plans to invest Rs 1,000 cr in about 150 startups in 2021

Early stage startup investor Venture Catalyst on Tuesday said it has plans to invest around Rs 1,000 crore in about 150 startups in 2021.

Venture Catalysts raises Rs 100 cr for investing in over 100 startups

Angel investor Venture Catalysts (VC) on Tuesday said it has raised Rs 100 crore for a new fund which will invest in over 100 Indian startups. The '9unicorns Accelerator Fund' of VC is built along the lines of Silicon Valley's accelerator fund Y Combinator's strategy which has over 2,000 investments. This is the first close of Rs 100 crore or USD 14 million for the fund, which will focus on identifying startups early and would prefer to be the first external investor in a company's journey, a company statement said. VC's founding team members Apoorva Ranjan Sharma, Anuj Golecha, Anil Jain and Gaurav Jain are the founders for the fund, it said. There's no better time to bet on Indian entrepreneurs than today. We are witnessing a surge in startups who are focused on solving Indian and global problems born out of various parts of India, Sharma, who was an early investor in Oyo Rooms, said. Most startups struggle to raise their first round of funds in India and have to mostly rely on

Venture Catalysts launches Rs 300-cr fund for early stage startups

Started with a dedicated fund allocation of Rs 300 crore, the accelerator VC 9Unicorns Fund plans to invest in 100 start-ups in three years

Venture Catalysts partners with Well Tech to launch HealthTech Acceleretor

The program will help early stage Healthtech start-ups to scale up and serve millions more patients and customers

VCats announces $250,000 seed funding into SaaS-based start-up DSYH

Seed investment and innovation platform Venture Catalysts (VCats) has announced a seed investment of $250,000 into Don't Scratch Your Head (DSYH). The start-up has been accelerated at Reliance Industries Ltd (RIL)'s GenNext Hub.