India’s startup ecosystem is booming, and Finvolve, a multi-stage venture capital (VC) firm, is diving into the action with big plans for 2025. The fund has announced it will invest a hefty Rs 350 crore into 40-45 startups across various stages of growth. After deploying Rs 100 crore in 2024 to back 27 startups, Finvolve is now setting its sights on fueling even more innovation and growth in the…
Hyderabad-based venture capital firm Pavestone has officially closed its latest funding round, raising an impressive Rs 816 crore for its Pavestone Technology Fund. This marks a significant milestone for the firm, surpassing its initial target of Rs 600 crore, and even adjusting the target to Rs 900 crore due to strong investor demand. With a fresh pool of capital, Pavestone is ready to back…
Vikas Mehta, a seasoned finance leader with a track record at major companies such as PayPal, Microsoft, Walmart, Nike, Anaplan, and Komodo Health, has been appointed as the new Chief Financial Officer at Remitly. Mehta’s new role at the Seattle-based digital remittance provider began this week, and he expressed enthusiasm about the company’s growth potential.
“Remitly presents a massive…
