Sujata Sangwan | Page 2

According to Bessemer Venture Partners (BVP), by 2023 there will be a USD 200 billion market potential for startups in the online-first and technology-enabled business-to-business (B2B) marketplaces category.

As the Indian startup ecosystem saw a 72 percent (USD 19.7 billion) fall in investment during the first half of 2023 as compared to 2022 in the same period, entrepreneurs are finding it increasingly difficult to get the funding they need for growth and development.

IDG Ventures India changed its name to Chiratae Ventures in 2018 and Inventus India rebranded the company as Athera Venture Partners in 2022 to reiterate their vision and focus. In addition, Sequoia Capital changed its name this year to Peak XV Partners, taking its cue from Mount Everest, whose previous name was Peak XV until it was changed.

Shark Tank India, including seasons 1 and 2, invested more than INR 1 billion in the deals. Within a period of 1.5 years, the majority of the startups who were featured on the show during season 1 closed transactions with outside investors that were 6X bigger in value.

According to a PwC report, investment in Indian startups fell to their lowest level in the first half (H1) of the current calendar year. Investors, however, believe that the best investment opportunities arise in circumstances like these, when entrepreneurs focus on sustainable growth and valuations are grounded in reality.

A 63-point self-regulatory framework for startups from the early stage to the initial public offering (IPO) was recommended as part of think tank recommendations released in June this year.

The startup ecosystem has indeed witnessed some corrections in valuations in recent times. Exuberant valuations that were prevalent in certain sectors, particularly in the tech industry, have faced increased scrutiny and adjustments.

Companies like BYJU'S, Lenskart, Phonepe, Ola Electric are some of the top names that have managed to raise funds above USD 100 million in this quarter.

VCs are crucial for supporting promising startups. What exactly do they take into account while evaluating startups? Let's explore.

According to Nithin Kamath of Zerodha, the venture capital ecosystem should also share responsibility for corporate misgovernance along with the founders. Amitabh Kant, the G20 Sherpa for India, stressed the significance of self-regulation and good governance for startups and entrepreneurs.

In a series of tweets, Kamath discussed his views on the ongoing corporate governance issues among Indian startups.

According to a report by Hurun, 122 startups in India are anticipated to join the unicorn club. In the report, individuals who might reach a billion-dollar valuation in two years are referred to as gazelles, while those who might do so in four years are referred to as cheetahs.

According to reports, winning Shark Tank India contestants have not yet received their funds while the show prepares for a third season. In a LinkedIn post, Shark Anupam Mittal defended the show's integrity.

55% MSMEs want instant line of credit to accelerate everyday business decisions, as their topmost priority. One-fourth of MSMEs say industry networking with their supply chain ecosystem is critical for their growth.

The Bengaluru-based early-stage tech VC fund has launched its Fund II on Tuesday to go deeper in existing sectors across fintech, skilling, agri/food, mobility healthcare and SaaS startups.

Human resources and marketing are the two areas where the majority of companies spend the most of their money. The proactive strategy taken by VCs entails close collaboration with their portfolio firms to thoughtfully plan and get ready for these critical areas well in advance, ensuring they are well-equipped to handle possible obstacles.

PE/VC investments in May 2023 totaled USD 3.5 billion, 44% less than in May 2022 and 52% less than in April 2023. Deal volume fell by 42% year-over-year in May 2023.

On Thursday, Blume Ventures announced the first close of its new opportunity fund, Fund 1Y. This is Blume's third growth fund, and it has already raised INR 200 crore of the INR 400 crore target with visibility for the remaining corpus.

According to a media report, some auditors recently presented to venture capital funds on how their earlier audits had discovered financial irregularities like inflated startup revenue.

The global technology fund, which will operate out of GIFT City (Gujarat International Finance Tec-City), is targeting only listed companies and will generally hold 15-20 companies at any given time.

The Bengaluru-based startup's financial problems, which include overstating revenues, have surfaced less than a year after it raised $20.6 million in its Series A round.

In terms of HNWI (high-networth individuals) outflows globally, India is now the second-largest country after China (a net loss of 13,500).

Due to portfolio conflicts and market turbulence, Sequoia Capital announced last week that its India and China funds would separate and operate independently. Peak XV Partners will be the name of the India operations. The company's management is still the same.

India has emerged as a global fintech super-power and is now ranked number 3 in terms of total fintech companies.

For entrepreneurs who are willing to take advantage of opportunities, recessions can really be a time of growth. Here are 4 Rs for profiting from a downturn.

This action is being taken by the market regulator in an effort to identify the investors and the source of the funds.

The Indian startup scene would likely experience further consolidation from the perspective of investors. This happens as a result of the market's increasing rivalry and investors' ongoing search for methods to minimise risk and increase returns.

Dry powder is the amount of committed but unallocated capital that a venture capital (VC) or private equity (PE) firm has on hand. It is, in other words, a cash reserve that has not yet been invested.

Aurum has said that it will infuse Rs 30 crore to enable NestAway's business to remain stable.

The fund will now take exposure to distressed situations in addition to lending to financially solvent businesses. It has a three-year life span.