Sajan Pillai to set up US $75 million VC fund for startups

    Thiruvananthapuram: Sajan Pillai, former CEO of Kerala-based IT major UST Global, has announced plans to set up a $75 million venture capital fund to help startups. Pillai, who retired from the company early this year, said he will utilise his time now to help startups, with special focus on Kerala. “Startups here are faced with issues of […]

    VC pioneer Vani Kola bets $650 million on Indian start-ups surviving crash

    Vani Kola, co-founder and CEO of Kalaari Capital Advisors Photo: Bloomberg Bengaluru: If the start-up market in India is headed for a crash, no one will pay as high a price as Vani Kola. The 52-year-old is co-founder of Bangalore-based Kalaari Capital and one of the country’s largest venture investors. She’s raised about $650 million […]

    10 new VC investors who are upbeat on Indian start-ups

    Lack of interest from established funds in Indian start-ups opened the space for investors who missed the bus in earlier rounds. Photo: CIIE Mumbai: The venture capital gold rush to India that began with Tiger Global Management’s purchase of a slice of Flipkart in 2010 ebbed five years later, ending in cash crunch, valuation cuts […]

    organisation software begin-u.s.a.catch VC buyers’ attention

    Freshdesk, certainly one of India’s most valuable organisation start-ups, which makes clientmanagement software program, has up to now raised about $90 million in challenge funding from the likes of Tiger international, Google Capital and Accel companions. Bengaluru: enterprise software program begin–americaare fast turning into the favourites of buyers, who are eager to diversify their portfolios […]

    Treebo Hotels in talks with VC funds to raise $40 million

    In its last round of fundraising in June, Treebo raised $6 million from Matrix Partners and SAIF Partners. Mumbai: Online budget hotel booking start-up Treebo Hotels is in talks with venture capital (VC) funds to raise almost $40 million (about Rs.260 crore) to fund expansion and take on its larger rival OYO Rooms (Oravel Stays […]

    Zodius Capital raising $35-40 million for follow-on VC fund

    According to Gautam Patel, managing director at Zodius Capital, the firm has already made a first close of $30 million for the new fund, called Zodius Technology Opportunities Fund. Mumbai: Home-grown venture capital (VC) fund Zodius Capital is raising a follow-on fund of $35-40 million (approximately Rs.233-266 crore) to invest in niche e-commerce, financial technology […]

    Early-stage VC investors dominate CB Insights top 20

    Rebecca Lynn, co-founder of Canvas Ventures, who is among CB Insights’s top 20 venture capitalists. Photo: Jason Henry/The New York Times For the last few years, the spotlight in start-up investing has largely shone on those who poured money into a company when it was already well along on a growth path. It turns out […]

  • NEWS
    University of Hyderabad VC hopeful of commencing classes from Saturday

    Student shout slogans outside the office of Smriti Irani during a protest in New Delhi, after a student was found dead at the Hyderabad University hostel. Photo: AFP Hyderabad: Research activity at the University of Hyderabad would commence from Friday, interim vice-chancellor Vipin Srivastava said on Thursday, even as he appealed to protesting students to […]

  • NEWS
    President approves Visva Bharati VC dismissal

    A file photo of President Pranab Mukherjee, who had twice earlier returned the file relating to Dattagupta to the HRD ministry, seeking the opinion of the law ministry on this issue. Photo: PTI New Delhi: President Pranab Mukherjee has approved the dismissal of Visva Bharati vice chancellor Sushanta Dattagupta, the first instance of sacking of […]