Saudi VC firm RAED Ventures gets another LP for third fund
RAED Ventures, a Saudi Arabia-based venture capital firm that backs early-stage startups and manages a portfolio of over 40 companies, has got on board another Saudi limited partner for its third investment vehicle launched last year. The VC firm has secured an investment commitment from state-owned Saudi Venture Capital (SVC) for ......
BlueGreen Ventures’ Suri and Jain on focus areas, fundraising timelines and more
BlueGreen Ventures, a new venture capital firm co-founded by Rajeev Suri and Anup Jain, former managing partners at Orios Venture Partners, rolled out its maiden fund last month with an aim to raise $75 million. The VC firm expects the fund’s first close by February 2025 and the final close ......
Sorenson Capital, PayPal Ventures back Bureau in Series B round
Bureau, a business-to-business (B2B)-focused identity verification and fraud protection platform, said Tuesday it has raised $30 million (about Rs 250 crore) in Series B funding led by American venture capital firm Sorenson Capital, a top executive told VCCircle. PayPal Ventures, the global corporate venture arm of PayPal, also joined as a new ......
Athera Venture Partners gets local LP for fourth VC fund
Early-stage venture capital firm Athera Venture Partners, which is currently raising Rs 900 crore ($106 million) for its fourth fund, has roped in a key domestic limited partner to the investment vehicle. The VC firm, which has already raised capital from Indian family offices and international foundations, has secured a ......
iDecorwala Announces Strategic Pre-series Funding from Hindustan Media Ventures Limited, Poised to Revolutionize Décor-Tech
iDecorwala, a Chennai based firm that has pivoted a disruptive business model with the intersection of technology, interior design and last-mile delivery, has secured a strategic investment from Hindustan Media Ventures Limited. This pivotal funding round, for an undisclosed amount, fuels iDecorwala's mission to empower the future of décor. iDecorwala has ......
Beyond Capital backs Clinikk, Fasal; Seekho, five other startups get funding
Venture capital firm Beyond Capital Ventures said Thursday it has completed deployment from its second fund with investments in Indian startups Clinikk and Fasal while six other startups including fintech firms QuID Cash and Curie Money and edu-tech startup Seekho said they have secured early-stage funding. Beyond Capital Ventures BCV, a women-led ......
Grapevine: Tata Capital, Hisense, Epack Durable, Coforge in news
Tata Group has begun preparations for the initial public offering of its financial services arm, Tata Capital Ltd, a media report said. The IPO, expected to exceed Rs 15,000 crore, could include both primary and secondary share issuances, Moneycontrol reported, citing people familiar with the development. Cyril Amarchand Mangaldas and Kotak ......
Mindgrove, Univest, Naxatra, M37Labs get early-stage funding
Chip designer Mindgrove Technologies, wealth-tech startup Univest, electric vehicle motor technology startup Naxatra Labs and AI startup M37Labs have raised early-stage cheques, the companies said Monday. Mindgrove Technologies Fabless chip design startup Mindgrove Technologies has raised $8 million (Rs 68 crore) in a Series A round of funding that was co-led by Rocketship.vc and ......
Sofina in talks to invest in Peak XV-backed healthy food brand
European investment firm Sofina, which has invested in several Indian companies including juice brand Paper Boat, fintech app Cred and agritech company DeHaat, is in talks to invest in a homegrown healthy food brand, two people aware of the development told VCCircle. The Brussels-based firm, which primarily invests in areas such ......
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