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Moneyball

Company says entire amount reinvested in business to scale it
Updated : Jul 04, 2023

Byju’s promoters rake in over $400 mn in secondary share sale since 2015

Company says entire amount reinvested in business to scale it

The Bengaluru-based company said at the time that the new capital would be used to expand its product
Updated : Jun 19, 2023

How Mojocare unravelled after $20 million Series A funding round

Sources say the start-up’s founders were toying with many ideas after the fundraise and had delegated a lot of the work, which created confusion within the company

In addition, the company is getting ready for a significant upgrade to its Smart Plans, world’s first-ever AI-enabled diet and fitness plan that contributes to half of the company's current paying subscribers
Updated : Jun 07, 2023

HealthifyMe raises $30 million to accelerate its AI capabilities and global expansion

HealthifyMe is all set to augment the capabilities of 'Ria,' its AI-powered virtual nutritionist, by infusing it with generative AI.

Firms secured 3x more funding in 2022 than in 2019, demonstrating a CAGR of 47 per cent
Updated : Jun 07, 2023

Funding slowdown for Indian SaaS start-ups bottomed out, gradual recovery in process: Report

Firms secured 3x more funding in 2022 than in 2019, demonstrating a CAGR of 47 per cent

WickedGud, a D2C brand making healthy food and snack alternatives, appeared on Shark Tank season 2 and just last month raised Rs 2.25 crore from Shetty
Updated : Jun 07, 2023

Shilpa Shetty-backed start-up WickedGud raises another round of funding

WickedGud, a D2C brand making healthy food and snack alternatives, appeared on Shark Tank season 2 and just last month raised Rs 2.25 crore from Shetty

A large number of YC Indian portfolio firms have some level of exposure at SVB which was also the default banking partner for many Delaware-incorporated tech businesses, Business Today reported earlier.
Updated : Mar 14, 2023

‘Late-stage funding turned out to be very different’: Y Combinator to scale down funding, lay off 17 people

These developments have come against the backdrop of the Silicon Valley Bank (SVB) crisis which started to unravel last week.

Fintech funding jumps 144% to $637 million in January led by large rounds in PhonePe, KreditBee
Updated : Feb 07, 2023

Fintech funding jumps 144% to $637 million in January led by large rounds in PhonePe, KreditBee

Fintech is back to being the most funded start-up sector in India, after a brief retreat to the second spot. Energy tech, meanwhile, recorded the sharpest growth in funding last month.

Mensa Brands raises Rs 300 crore in a debt round to fund new acquisitions
Updated : Feb 07, 2023

Mensa Brands raises Rs 300 crore in a debt round to fund new acquisitions

E-commerce aggregator platform Mensa Brands has picked up a large debt round from TradeCred as it looks for growth and expansion across tech, supply chain, and brand buys.

Prior to this, Bengaluru-based Turno had raised $3.1 million in a seed round led by Stellaris Venture Partners and Avaana Capital in June 2022
Updated : Feb 09, 2023

Commercial EV start-up Turno raises $13.8 mn from B Capital, Quona Capital, others

Prior to this, Bengaluru-based Turno had raised $3.1 million in a seed round led by Stellaris Venture Partners and Avaana Capital in June 2022

SIDBI enters venture debt market, makes 4 ‘small’ investments
Updated : Feb 22, 2023

SIDBI enters venture debt market, makes 4 ‘small’ investments

In the last two years, venture debt has emerged as a strong asset class in India, with $800 million worth of debt capital raised in 2022. SIDBI is the latest to foray into the segment.

AIFs can grow 4-5x to become as big as mutual funds industry, say fund managers
Updated : Feb 22, 2023

AIFs can grow 4-5x to become as big as mutual funds industry, say fund managers

Unlike a decade ago, when offshore investors were funding India’s AIFs, the expanding pool of domestic investors is helping them grow today. Experts reckon AIFs can be as big as the Rs 40-lakh crore MF industry in a few years.

Private market investors continue to show faith in the India growth story, especially seen in the rise of venture debt
Updated : Mar 07, 2023

PE/VC investors are still bullish about the 'India story'; here's why

Private market investors continue to show faith in the India growth story, especially seen in the rise of venture debt

A report by Tracxn estimates that women-funded start-ups now account for 18 per cent of all funded companies in India.
Updated : Mar 08, 2023

Women founders raised $4.3 Bn in 2022; more needs to be done to correct the historical gender gap, say VCs

India has 2,200+ funded women-led startups. Investments in such companies have grown 91 per cent since 2010. But venture capitalists believe women founders still have a long way to go when it comes to raising big cheques at large valuations. 

Inflexor Ventures reckons the continuing bearish environment in the capital markets will impact the VC industry, both in terms of fundraising and deployment.
Updated : Mar 09, 2023

Overfunding is a dangerous trend regardless of market conditions, says Inflexor Ventures

The homegrown early-stage VC fund made 12+ investments in 2022, amidst the funding slowdown. Inflexor Ventures has deployed nearly 15 per cent of its fund corpus of Rs 600 crore.

India adds more unicorns than China for 2nd year in a row; country accounts for 20% of APAC funding
Updated : Mar 15, 2023

India adds more unicorns than China for 2nd year in a row; country accounts for 20% of APAC funding

Despite a capital market slowdown in 2022, India continued to attract venture funding, especially in early-stage deals. Five per cent of all VC investments last year globally flowed into India, per a new study.