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…
Building Resilience in an Unpredictable Market
As the global venture capital landscape undergoes dramatic shifts, Vertex Ventures South East Asia and India (VVSEAI) is proving that long-term vision and smart diversification can build resilience even amid market volatility.
The Singapore-based VC firm, part of the Vertex Holdings network under Temasek, recently announced the close of its fifth…
In a bold move to further its commitment to supporting innovative Indian startups, 2am VC has just announced the launch of its second fund, with plans to invest in 30 startups over the coming months. With a particular focus on pre-seed to seed-stage investments, this new fund promises to fuel the next wave of high-growth businesses across India.
But what exactly does this mean for India’s…
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…
Mumbai-based venture capital firm Triton is making waves with the announcement of the first close of its second fund, Triton Fund II. Raising an impressive ₹120 crore so far, the firm is aiming to grow the fund to ₹240 crore ($28 million)—a significant leap from the size of its first fund. Here’s everything you need to know about Triton’s new venture and how it plans to back the next…
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In the fast-paced world of retail and Quick Service Restaurants (QSR), operational efficiency is key to success. Enter Taqtics, a software-as-a-service (SaaS) platform designed to help businesses optimize their operations. Taqtics has just secured $1.2 million in seed funding, led by Sprout Venture Partners and Capital-A, with participation from Java Capital. This funding marks a…
Everstage, a dynamic SaaS startup revolutionizing sales performance management, has successfully raised $30 million in its Series B funding round, led by Eight Roads Ventures. Existing investors, Elevation Capital and 3one4 Capital, also participated in this significant funding event, bringing Everstage’s total funding to an impressive $45 million.
This round marks a pivotal moment for the…
In today’s fast-evolving investment ecosystem, private investors have an array of options for funding startups, allowing them to engage without the need for face-to-face interactions. This trend, ignited by platforms like AngelList, has blossomed into a crowded marketplace featuring Carta, Allocations, Vauban, and Odin, all designed to streamline capital raising for startups and transaction…
In an exciting development for the DeepTech startup ecosystem, SanchiConnect, a promising accelerator, has successfully raised funding from notable investors including Baring Private Equity Partners-India, Seafund, and 8X Ventures. The exact amount raised remains undisclosed, but it marks a significant step forward for the firm.
Aiming for Expansion and Enhanced Offerings
Founded in 2022…
Formality, a promising platform dedicated to intelligent contract management for clients and suppliers, has successfully raised €8 million in its latest funding round. This initial round attracted significant investments from leading venture capital firms Partech and Serena, alongside €2.4 million from BPI, the Bank of Public Investment.
Founded by a team of seasoned entrepreneurs—including…
