Piyush Gupta, the former Managing Director of Peak XV (formerly Sequoia Capital), has launched a new investment firm called Kenro Capital. This exciting venture focuses on a niche but crucial part of the investment world—secondary transactions in late-stage startups. The firm aims to provide liquidity solutions to early investors, founders, and employees looking for exits, especially in…
CoinSwitch Launches SmartInvest to Make Crypto Trading Easier for All
In a bid to make crypto trading more accessible, Indian crypto exchange CoinSwitch has introduced a new feature called SmartInvest. This tool aims to help users benefit from expert trading strategies, all without needing to learn complex coding or spend hours analyzing the market. The goal? To make advanced crypto trading easier…
In a major move to expand its investment capabilities, Inflexor Ventures, an early-stage venture capital (VC) firm, has announced the first close of its new Opportunities Fund, with an impressive Rs 280 crore raised so far. The firm is aiming for a targeted fund size of Rs 350 crore, and with this initial closing, they are well on their way to achieving that goal.
With strong backing from various…
U.S. venture capital powerhouse General Catalyst has announced a substantial $8 billion fund aimed at fueling investments in early-stage startups across multiple sectors globally. This bold initiative highlights the firm’s commitment to supporting innovation in the U.S., Europe, and India.
Breakdown of the New Funding
The $8 billion capital is structured into several key components:
Core VC…
In a surprising twist in the venture capital landscape, Peak XV Partners has decided to trim its ambitious $2.85 billion fund by $465 million, a move that highlights their commitment to investing more thoughtfully. This decision comes as the public market in India is buzzing, impacting private market valuations and prompting the firm to return uninvested capital to its limited partners (LPs).
As…
IntroductionThinKuvate, a Singapore-based angel investment platform, has announced the successful first close of its India Fund at Rs 25 crore, part of a larger target of Rs 100 crore. This milestone was reached just four months after the fund’s formal launch, signaling strong investor interest and confidence in India’s startup ecosystem.
Investment FocusThe ThinKuvate India Fund aims to…
Bain Capital, the global private investment firm, is set to significantly increase its investments in India, aiming to double its exposure over the next three years. Pawan Singh, Partner at Bain Capital Advisors India, revealed that the firm plans to focus on larger investments, often exceeding $500 million, in the rapidly growing Indian market.
Since launching operations in India in 2008, Bain…
Mumbai-based venture capital firm Kae Capital has announced the appointment of Abhishek Srivastava and Gaurav Chaturvedi as general partners. Srivastava, a former executive at Endiya Partners, brings a wealth of experience to his new role. He was a founding director at Endiya Partners and is known for his deep expertise in venture capital and investment strategy. Chaturvedi, who has been with Kae…
In a narrative that defies conventional business wisdom, the success story of Patel, an Indian immigrant in the United States, challenges widely-held assumptions about the restaurant industry. Renowned entrepreneur and PayPal co-founder Peter Thiel has famously criticized the restaurant sector for its high competition, slow growth, and low wages. Despite these warnings, Patel’s journey from a…
Warren Buffett’s Berkshire Hathaway has reached a new milestone with its cash and U.S. Treasury holdings climbing to a record $276.9 billion in the second quarter. This increase came as the company reduced its stock investments in major companies like Apple, among others.
In its latest filings, Berkshire Hathaway revealed it added a few new investments and expanded some existing ones. The…
