The early-stage, technology-focused, sector-agnostic investment firm Stellaris Venture Partners is optimistic about founders who are persistent and committed to tackling significant challenges in India.
According to Vishesh Rajaram, Managing Partner of Speciale Invest, "We prefer to be the first institutional VC investor in the startup and preferably lead the round."
Compared to the loss of USD 68.16 million posted during the same quarter last year, the company's net loss decreased to USD 35.04 million in the second quarter of 2023. It anticipates that its total revenues in 2023 will be between USD 587 million and USD 595 million.
At Artha Venture Fund, its investment strategy has always been built on the following tenets: solving genuine human problems, having scalable positive unit economics, having strong moats, and employing technology as an enabler.
Capital A believes in working closely with the portfolio companies. There is a huge need for mentoring, information and knowledge sharing, and warning them away from the cash-burn trap because it works predominantly with early-stage ventures.
100X.VC claims to have invested in 105 businesses from its inception to the end of FY 23, and it plans to invest in an additional 70-75 startups in this current FY 23-24, bringing the total to 170-175 portfolio companies.
The VC firm on Thursday announced the first close of Together Fund II β its second early stage fund of USD 150 million focused on SaaS and AI startups.
According to Vinay Singh, Co-founder & Partner, Fireside Ventures, while late-stage funding, especially at a series C and above is going to be tight, great companies, growing very fast, with good unit economics will continue to attract capital.
India is a strong market overall, and B Capital General Partner Karan Mohla anticipates that growth will continue to pick up speed despite the current economic climate. He thinks that being a value-added partner to their founders and investing with the long term in mind are important.
With loans disbursed through the platform totaling INR 14,845 crore in the first quarter, up 167% year-over-year, Paytm's lending business continued to expand.
Inflection Point Ventures evaluates startups based on fundamentals and technological demand, prioritising companies with solid foundations and sustainable growth prospects.
However, investments were up 33% in value terms compared to July to December 2022, the report by industry lobby Indian Venture and Alternate Capital Association (IVCA) and consulting company EY said.
According to Mumbai Angels, during the past two years, both its new investments and next round investments have increased at a similar rate. Additionally, it will maintain its growth momentum for the rest of this year.
Brendan Rogers, co-founder, 2amVC says that unit economics always mattered, but in hot markets they were overlooked. According to Rogers, businesses that didn't pay attention towards it, will need to recalibrate to meet market expectations today.
In order to raise capital and foster their growth, startups in Tier 2, 3, and 4 cities are increasingly turning to their local network of investors. For this article, we spoke with angel networks that are either based locally or that identify and assess prospective investment opportunities in small geographic areas.
According to a report by strategy consulting firm RedSeer, 20% of unicorns are projected to struggle because of regulatory issues, plummeting demand, and unclear business models, while 50% of unicorns are anticipated to become profitable by FY27.
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.