Page 11 - Latest Updates on Venture Capital
VC firm Antler launches in India; Urban Ladder co-founder joins as partner
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
 "VC firm Antler launches in India; Urban Ladder co-founder joins as partner")
Start-ups looking to tap into venture debt, avoid large funding rounds
Most start-ups are also not expecting to get the right valuation at this time, as the lockdown imposed to curb the virus' spread has severely disrupted business
 "Start-ups looking to tap into venture debt, avoid large funding rounds")
RBI refuses a dozen licences to NBFCs with investments from Mauritius
PE, VC funds domiciled in the island nation on the radar
 "RBI refuses a dozen licences to NBFCs with investments from Mauritius")
Technology investor Iron Pillar adds $45 million top-up to its Fund-I
The top-up Fund will provide Iron Pillar additional capital to back specific Fund I portfolio companies
 "Technology investor Iron Pillar adds $45 million top-up to its Fund-I")
At $45 bn, India's PE/VC investment in 2019 highest in over 10 yrs: Report
India's share in the Asia-Pacific deal market increased to nearly 25 per cent in 2019 and the investment value was about 70 per cent higher than in 2018
 "At $45 bn, India's PE/VC investment in 2019 highest in over 10 yrs: Report")
Covid-19 opens a new chapter of investment in edtech start-up space
The sector has seen eight investments alone in April from VCs and angel investors
 "Covid-19 opens a new chapter of investment in edtech start-up space")
Cloud over online AGM for banks as they don't fall under Companies Act
MCA notification doesn't include banks as they are governed by separate Act; sources say separate guidelines may have to be issued for them
 "Cloud over online AGM for banks as they don't fall under Companies Act")
Unicorns staring at fund woes, drop in valuation amid Covid-19 outbreak
Curbs on investment by Chinese investors a major roadblock
 "Unicorns staring at fund woes, drop in valuation amid Covid-19 outbreak")
Coronavirus outbreak: Start-up heads predict mayhem in six months
The only disruption for thousands of start-ups in the country till now was limited to to pay cuts, salary freeze and layoffs, but the scene will be different in six months
 "Coronavirus outbreak: Start-up heads predict mayhem in six months")
PE/VC investments hit 24-month low of $1.7 bn, value falls by 39%
Uncertainty over the impact of Covid-19 is expected to act as a significant headwind to Indian PE/VC investments
 "PE/VC investments hit 24-month low of $1.7 bn, value falls by 39%")
Indian VC industry grows by 55% in 2019; Rs 72,0000 crore invested
The report was prepared by Bain & Company in partnership with Indian Private Equity & Venture Capital Association (IVCA)
 "Indian VC industry grows by 55% in 2019; Rs 72,0000 crore invested")
India-focused PE/VC funds create record by raising $11.7 billion in 2019
Amount beat the previous record of $8.1 bn raised in 2018
 "India-focused PE/VC funds create record by raising $11.7 billion in 2019")
IIM-A placements: Participation of PE/VC, asset management firms up by 80%
In all, 153 firms participated with 182 different roles for the 2020 batch, with McKinsey & Co and BCG leading the pack with 27 and 23 offers, including PPOs
 "IIM-A placements: Participation of PE/VC, asset management firms up by 80%")
Singapore overhauls fund regime to bolster industry, attract offshore funds
Country likely to edge out Mauritius as a favoured destination for offshore funds
 "Singapore overhauls fund regime to bolster industry, attract offshore funds")
PE, VC investments in India grew 28% to $48 billion in 2019, says EY data
Buyouts recorded the largest increase of 56 per cent in terms of value ($16.2 billion in 2019 against $10.4 billion in 2018)
 "PE, VC investments in India grew 28% to $48 billion in 2019, says EY data")
Venture Highway raises $78 mn to fund early-stage tech companies in India
With portfolio companies such as Meesho, Sharechat, Moglix, and Cars24, the early-stage investment firm has so far invested in 20 start-ups
PE, venture capital deals in healthcare, health tech firms grew 16% in 2019
Surge defies economic slowdown and a pricing and insurance issues, as healthcare is seen as a necessity from consumer's perspective
 "PE, venture capital deals in healthcare, health tech firms grew 16% in 2019")
PE/VC investment up by almost three times in November; driven by infra flow
PE/VC investments accounts 1.7-1.8% of GDP, almost at par with China and the global average
 "PE/VC investment up by almost three times in November; driven by infra flow")
Budget 2020: Venture Capitals, startups seek budgetary aid in meet with FM
The Nasscom has also sought that IT and BPO firms should not be treated as financial intermediaries for the goods and services tax (GST).
 "Budget 2020: Venture Capitals, startups seek budgetary aid in meet with FM")
Venture Capital firm 3one4 raises Rs 400 crore for its third fund
Fund managed by Pranav and Siddartha Pai, sons of former Infosys director and CFO T V Mohandas Pai, has invested in 50 startups so far
 "Venture Capital firm 3one4 raises Rs 400 crore for its third fund")
