Tuesday, April 23, 2024
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Venture Capital

It also ordered both the messaging platforms to file details of IP addresses used to create such accounts to help the authorities curb these scams

Equirus InnovateX Fund will focus on areas such as SaaS, Deep Tech, Fintech, and other emerging sectors, with a primary focus on business-to-business (B2B) themes

The circular from IVCA, which addresses important timelines and procedures related to the crediting of funds to demat and aggregate escrow demat accounts, is very significant for all AIF managers

The report observed that the decline in deals was largely because of a lack of interest in investing in India's start-ups ecosystem

There is a surge in activity among fund managers who are actively setting up new funds, accumulating dry powder to be strategically deployed during the downturn

KPMG’s Venture Pulse report highlighted that recent VC investments show a decline compared to earlier quarters. This isn't necessarily a slowdown but rather a shift from the post-COVID-19 period of excess money supply and euphoria

Nasscom Zinnov Indian Tech Start-Up Landscape Report 2023 states that Indian start-ups are leveraging DeepTech to improve organisation efficiency, reduce operational costs, and automate internal operations

SCOPE's venture capital arm will provide strategic capital, mentorship, and access to a vast network of industry experts

Venkatesh Shukla, former president of TiE Silicon Valley, urged the government should focus on reducing the compliance burden on start-ups and businesses

Narayanan, who is also VMware's VP-Technology and managing director, believes the rising availability of patient capital will drive the growth of the sector, where traditional investors better understand the more extended gestation period of deep tech...