Archives
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ALL DEALS March 8, 2016 Govin Capital signs agreement with IIT Madras Incubation Cell
By: sristy SahaChennai: Singapore-based Govin Capital signed an agreement with Indian Institute of Technology Madras Incubation Cell to offer Bio-Entrepreneurial education and accelerate Med-tech and Life-Sciences start-ups from the wider IITM community. Govin Capital is focused on early-stage medtech and technology startups in Singapore and India will also be mentoring start-ups at IITM’s bio-incubator and medtech Incubator […]
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ALL DEALS March 4, 2016 Kae Capital raises $30 mn for fund focused on local start-ups
By: sristy SahaKae Capital founder and MD Sasha Mirchandani. New Delhi: Kae Capital, which invests in early-stage companies, has raised $30 million from existing and new investors as part of its second fund. The firm will be raising an additional $10 million soon, said Sasha Mirchandani, founder and managing director of Kae Capital, on Thursday. He declined […]
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NEWS March 4, 2016 Sequoia Capital top venture capital investor of 2015
By: sristy SahaWhile Sequoia Capital backed 48 start-ups, New Enterprise Associates—the second most prolific venture capital firm—was involved in 44 deals, according to start-up tracker Tracxn. Bengaluru: Sequoia Capital and New Enterprise Associates were the most prolific venture capital firms last year globally in terms of the number of deals, backing 48 and 44 start-ups, respectively. The […]
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ALL DEALS March 3, 2016 Start-ups, venture capital backers turn to investment banks for deals
By: sristy SahaInvestors pumped in more than $9 billion into start-ups over the past two years. Photo: Priyanka Parashar/Mint Bengaluru/New Delhi: Weak business models and a funding slowdown are forcing many Indian consumer Internet start-ups and their venture capital (VC) backers to seek help from investment bankers in order to secure fresh funds from new investors or […]
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NEWS March 2, 2016 Govt plans start-up center for capital goods sector
By: sristy SahaPhoto: Mint Mumbai: The Indian government has decided to create a ‘start-up centre’ for the capital goods industry and will also launch a technology development fund for the sector. The ministry of heavy industries and public enterprises, on Monday, while announcing national capital goods policy 2016, said it will create a start up centre for […]
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ALL DEALS March 2, 2016 RAW Pressery gets fresh funds from Sequoia Capital, others
By: sristy SahaStarted in 2013 by the former marketer as an experiment to fill the gaps in India’s health beverages market, RAW Pressery has become a fad among fitness enthusiasts. Rakyan Beverages Pvt. Ltd, the maker of organic cold-pressed juices sold under the brand RAW Pressery, has raised close to $4.5 million in series B funding from […]
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ALL DEALS March 1, 2016 As smartphone sales surge, Indian app makers lure venture capital
By: sristy SahaPhoto: Mint Bengaluru: Foreign venture funds are stepping up investments in Indian mobile application makers, betting a surge in smartphone sales in the country will drive demand for home-grown apps, mirroring the trend in world’s biggest mobile phone market China. San Francisco-based incubator and venture capital firm 500 Startups on Tuesday launched a $25 million […]
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NEWS February 24, 2016 This City Just Unseated New York City as the Billionaire Capital of the World
By: sristy SahaBeijing just surpassed New York City to become the city with the most billionaires in the world. A hundred billionaires are based in the Chinese capital compared to New York City’s 95, according to findings from theHurun Global Rich List, an annual wealth ranking from the Shanghai-based Hurun Report. Bill Gates and Warren Buffett are […]
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