Monday, March 04, 2024
Outlook India
Outlook Business

Start Up Funding

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

Sharrp expects 3-4 start-ups it funded to go for listing in the next 3-4 years, and the firm remains invested in start-ups for a long-term horizon

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

During a Twitter live session, Chandrasekhar said he heard that over $200 million of start-ups' deposits have been transferred to GIFT City bank

This year has seen a slowdown in capital raising owing to elevated volatility provoked by unprecedented inflation globally and the Russia-Ukraine war

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

Apart from Red Ventures, Silver Lake, and 8VC, amongst others also participated in the funding round