Tag: Venture Capital
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…
Inside the investment strategy of the government’s new Fund of Funds
The government rolled out a Rs 10,000 crore Fund of Funds (FoF) 2.0 on Monday. The FoF 2.0 has been designed to continue the momentum…
Karnataka eyes deeptech push, expansion beyond Bengaluru to drive next startup wave
Karnataka’s Startup Vision Group on Tuesday outlined a roadmap centred on deeptech innovation, stronger industry-academia collaboration, and expansion beyond Bengaluru as the state looks to…
AI-led wealthtech rising as VCs bet on a fintech disruption
Venture investors are betting big on artificial intelligence-driven wealth management services, which are emerging as a disruptive segment within India’s fintech landscape. As middle-income Indians…