Page 2 - Latest Updates on Venture Capital
India-focused funds sitting on highest-ever unallocated corpus of $12.9 bn
But does this mean that 2023 could be different, given the unutilised capital?
 "India-focused funds sitting on highest-ever unallocated corpus of $12.9 bn")
HealthKart raises $135 million in funding from Temasek, A91 Partners
Company will use money to promote brands, increase offline distribution, and expand internationally
 "HealthKart raises $135 million in funding from Temasek, A91 Partners")
What are Alternative Investment Funds?
Markets regulator Sebi recently told RBI that some non-bank lenders were ever-greening loans by using alternative investment funds. But what exactly is this fund? Let's find out
 "What are Alternative Investment Funds?")
EVs lead climate tech funding but more needed for niche solutions: Experts
Climate tech start-ups traditionally require longer gestation periods due to which the sector has not generated strong commercial returns recently
 "EVs lead climate tech funding but more needed for niche solutions: Experts")
PE/VC investments drop 75% in October over last year: IVCA-EY report
Inflation woes, recession fears, the rising cost of capital, and elevated levels of uncertainty driven by geopolitical tensions have weighed down the PE/VC activity in 2022
Indian startups need to deliver good profits in 3-5 yrs: Accel's Prakash
The top venture capitalist also predicted that at least 25 Indian unicorns will go for IPO in the next 3-5 years
 "Indian startups need to deliver good profits in 3-5 yrs: Accel's Prakash")
Healthtech start-up BeatO raises $33 mn in Series B from Lightrock
Firm provides affordable diabetes care with a focus on people who don't have access to specialists
 "Healthtech start-up BeatO raises $33 mn in Series B from Lightrock")
pi Ventures raises $8 mn for 2nd fund from British International Investment
The second fund was launched in March 2021 with a base target corpus of $75 million and including a green shoe target of $100 million
 "pi Ventures raises $8 mn for 2nd fund from British International Investment")
VC firm Quona Capital announces close of its third fund at $332 mn
Company has invested in more than 17 start-ups in India, has almost 30% of its global team in country
 "VC firm Quona Capital announces close of its third fund at $332 mn")
8i Ventures announces first close of second investment fund worth $50 mn
Early-stage venture capital company says fintech 'single largest opportunity in India'
 "8i Ventures announces first close of second investment fund worth $50 mn")
Shivalik SFB raises Rs 111 crore from venture capital firms, Bharti AXA
The bank has over 5.6 lakh customers and operates through 46 branches and 21 exclusive Business Correspondent branches across northern India
 "Shivalik SFB raises Rs 111 crore from venture capital firms, Bharti AXA")
Bharti Axa Life, Accel infuse over Rs 111 cr as equity in Shivalik SFB
The SFB, an urban coop bank earlier, has a large presence in UP and MP; It has over 560,000 unique customers and runs 46 branches and 21 exclusive Business Correspondent Branches across northern India
 "Bharti Axa Life, Accel infuse over Rs 111 cr as equity in Shivalik SFB")
We bet on startups catering to the middle of the pyramid: Arkam co-founders
In a Q&A, Bala Srinivasa and Rahul Chandra, explain why it is essential for any company today to service the Middle India market in the country's smaller towns in order to thrive
 "We bet on startups catering to the middle of the pyramid: Arkam co-founders")
Made-in-India VCs continue to grow in numbers despite economic headwinds
145 new companies were set up in India in the past two years - 123 in 2021 and 22 in 2022: Tracxn data
 "Made-in-India VCs continue to grow in numbers despite economic headwinds")
Alteria announces first close of third venture debt fund at Rs 1,000 cr
The firm now has an AUM of Rs 3,800 crore across its three debt funds, raised from domestic investors
 "Alteria announces first close of third venture debt fund at Rs 1,000 cr")
Why are Indian start-ups facing such a severe funding winter?
Venture funding data indicates that Indian start-ups are in the middle of a harsh funding winter. While the global situation is not good, the slowdown is more pronounced in India. Let us find out why
 "Why are Indian start-ups facing such a severe funding winter?")
India's share in venture capital funding falls sharply; China surges ahead
The decline in Q3 CY2022 is even sharper on a year-on-year basis
 "India's share in venture capital funding falls sharply; China surges ahead")
Reimagining venture capital
… keeping an eye on democratising finance in India
 "Reimagining venture capital")
Finance ministry panel mulls 'broad-based' regulations for PE/VCs
FinMin panel has sought inputs from the Big Four audit firms
 "Finance ministry panel mulls 'broad-based' regulations for PE/VCs")
Enhance coverage of scheduled castes in all schemes: FM Nirmala Sitharaman
The FM was chairing the performance review of PSBs on credit and other welfare schemes for scheduled castes
 "Enhance coverage of scheduled castes in all schemes: FM Nirmala Sitharaman")
