Former investment banker Dhruv Jhunjhunwala has unveiled his new venture, Novastar Partners, an investment firm focused on India’s private markets. The firm is aiming to raise a maiden fund of Rs 350 crore, with an optional green shoe of Rs 150 crore, according to sources familiar with the matter.
Jhunjhunwala, who previously worked with RBC Capital Markets in New York, is an alumnus of the…
From zero to global disruptor? Dashverse is making serious noise.
In a move that’s got the tech and entertainment worlds buzzing, AI-first entertainment startup Dashverse has just secured a massive $13 million in Series A funding — and it’s already being called the future of digital content.
The round was led by Peak XV Partners (formerly Sequoia India & SEA), with continued backing from…
Nobody Cares That You’re Using AI: US Angel Investor Warns Startups to Focus on Real Value, Not Hype
AI Alone Isn’t Impressive Anymore, Says Investor Roy Korner
US-based angel investor Roy Korner has issued a blunt wake-up call to AI startup founders: using artificial intelligence is no longer enough to win over investors.
In a widely shared LinkedIn post, Korner criticized the growing trend of startups leading their pitches with vague promises like “We use AI to…” — suggesting it’s a…
Bessemer Venture Partners’ $350 Million India Fund: What It Means for Entrepreneurs
In exciting news for India’s startup ecosystem, Bessemer Venture Partners, a top US-based venture capital and private equity firm, has announced the closing of its second dedicated India fund, raising a massive $350 million. This new fund aims to support early-stage startups across a broad spectrum of…
Introduction: Flipkart Ventures Empowers the Next Generation of Startups
Flipkart Ventures, the investment arm of India’s leading e-commerce giant, has selected five cutting-edge startups for its Flipkart Leap Ahead accelerator program. This initiative is designed to help early-stage startups scale quickly with financial support, mentorship, and industry expertise.
Building on the success of its…
SanchiConnect and YourNest Invest Big in India’s Deeptech Startups
In a game-changing move for India’s deeptech startup scene, SanchiConnect, in collaboration with YourNest Venture Capital, has committed a whopping Rs 48 crore (around $6 million) to support eight innovative startups. This investment is part of the Velocity Accelerator Program (VAP), a unique initiative designed to fuel the…
Krishna Mehra’s Big Move: From Meta to Elevation Capital to Boost SaaS and AI Startups
In a major shake-up in India’s tech and venture capital scene, Krishna Mehra, a former Meta executive, has joined Elevation Capital as a Partner. Mehra will be taking the lead in guiding the firm’s investments in SaaS (Software as a Service) and AI (Artificial Intelligence) startups. Based out of Silicon…
Stellaris Venture Partners Launches $300 Million Fund to Support India’s Startup Ecosystem
Stellaris Venture Partners, an early-stage venture capital firm based in Bengaluru, has raised $300 million for its third fund. This brings the firm’s total assets under management (AUM) to more than $600 million, reflecting its growing influence in India’s thriving startup ecosystem. The new fund will…
Introduction: Greptile’s CEO Faces Backlash Over Work Culture
A recent tweet from Daksh Gupta, CEO of the AI startup Greptile, has set off a firestorm of criticism across social media. Gupta’s open acknowledgment of his company’s demanding work culture — with 84-hour work weeks and little to no work-life balance — has sparked a fierce debate on the ethics and sustainability of such…
In a move that promises to reshape the future of deep-tech innovation, Applied Ventures, the venture capital arm of Applied Materials, has chosen six dynamic startups for its prestigious Applied Startup Technology & Research Accelerator (ASTRA) program. This is the fifth edition of the accelerator, designed to fast-track the development of pioneering technologies that could revolutionize…
