Ola’s Bhavish Aggarwal Invests Rs 2,000 Crore in Krutrim AI—India’s First AI Unicorn!
Bhavish Aggarwal, the visionary behind Ola Electric and ride-hailing giant Ola, has made a bold move by investing Rs 2,000 crore (around $230 million) into Krutrim, India’s first AI unicorn. But that’s not all—he’s also committing to an additional Rs 10,000 crore investment next year, setting the…
In an exciting move for the Indian venture capital landscape, Cornerstone Ventures, a Mumbai-based early-stage VC firm, has raised $40 million in the first close of its second fund, targeting a total of $200 million. With a sharp focus on investing in B2B SaaS startups, Cornerstone Ventures is making its mark as a key player in the rapidly growing tech ecosystem, with a clear strategy to scale…
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…
In a significant move for India’s venture capital landscape, Vikas Choudhary, the former president of Jio, has launched his new investment firm, Playbook Partners. The firm has successfully completed the first close of its inaugural fund, securing $130 million (approximately INR 1,091 crore) out of its targeted $250 million (approximately INR 2,099 crore). This achievement comes within just four…
