Early-stage deals accounted for 57 per cent of the total funding in the first half of 2023 (H1 CY23) in volume terms, said the report titled, “Startup Perspectives - H1 CY23”
The dedicated funds had invested $6.2 billion in May 2022 and $7.4 billion in the preceding month of April 2023, representing a dip of 44 per cent and 52 per cent, respectively, as per the report by industry lobby IVCA and consultancy firm EY
The Annual Investors Meet of GVFL brought together more than 250 start-up founders, investors, incubators, and funds to deliberate on investing trends, the future of startup investing and others
Start-ups in India and elsewhere have already been hit hard by the pandemic and are now going to be impacted further by rising interest rates across the world
Founded in 2013, Alpha manages around Rs 5,500 crore across its three funds and the company provides strategies in commodities arbitrage and trading, equity, structured credit, fixed income, and an offshore platform in Singapore
The size of the venture capital fund is Rs 200 crore, of which Rs 100 crore will be contributed by the state government, Rs 50 crore by SIDBI and the remaining Rs 50 crore will be by other contributors
