Tag: Venture Capital
Alpha Wave’s Kathuria set to exit amid India reset; to float Rs 1,000-crore fund
Ankur Kathuria, senior director at Alpha Wave Global, formerly Falcon Edge, has decided to move on from the US-based investment firm, adding to an expanding…
ETtech Deals Digest: Cred, Sarvam mega rounds lift startup funding to $1.91 billion in June, up 91% on-year
Indian startups raised $1.91 billion across 80 funding rounds in June, up 41.1% from May and 90.7% higher than the same month last year, according…
Deeptech startup BioCompute is moving out of India; founder explains why
Bengaluru-based DNA data storage startup BioCompute is relocating to San Francisco as it moves from the prototype stage to product development. Founder Anagha Rajesh said…
Peak XV, Nexus set for 7-9x returns from Turtlemint IPO share sale
Peak XV Partners and Nexus Venture Partners are set to clock gross returns of about 7-9 times on shares they sell in insurtech company Turtlemint’s…
B Capital leads SolarSquare’s $50-55 million round at $500 million valuation
Mumbai-based rooftop solar startup SolarSquare Energy has raised $50-55 million in a new funding round led by B Capital. The round valued the company at…
Former Mirae Asset head Ashish Dave bets big on India’s VC reset
Ashish Dave, who stepped down as head of Mirae Asset Venture Investments (India) last year, is setting up his own fund, according to people with…
AI startups don’t enjoy SaaS-era margins: Here’s what Kalaari Capital’s Harshit Kumar says founders should do instead
AI-native startups will not enjoy the same luxury of high gross margins that traditional software-as-a-service (SaaS) firms once did, said Harshit Kumar, associate vice president…
Spacetech firm Agnikul eyes $50-75 million at flat $500 million value
Spacetech startup Agnikul Cosmos is in talks to raise $50-75 million at about a $500 million valuation, said five people aware of the matter. The…
Early-stage tech draws VC interest across aviation, biotech, precision manufacturing
Investors are pursuing early-stage deals in deeptech startups as they continue to stay away from big-ticket commitments, reflecting a strategic focus on small transactions in…
I never wanted to be a VC: Harshita Arora on why she joined YC as its youngest general partner
Harshita Arora, a 24-year-old from Saharanpur, Uttar Pradesh, made history by becoming the youngest general partner at well-known Silicon Valley accelerator Y Combinator (YC) earlier…