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Ex-Mirae Asset India head Ashish Dave launches Rs 700-1,000-crore fundAshish Dave, formerly of Mirae Asset Venture Investments, is launching Sanskrit Capital. The new fund aims for Rs 700-1,000 crore. It will ...
Early-stage tech draws VC interest across aviation, biotech, precision manufacturingInvestors are prioritising smaller, early-stage deals in deeptech sectors like AI, healthcare, and precision manufacturing, shying away fro...
Scoop: Sequoia alumni’s Ambition Capital set to raise $250 million for early-stage investingShailesh Lakhani, Harshjit Sethi and Mayank Porwal, who were previously with Peak XV (formerly Sequoia Capital India), have teamed up to ea...
Inside India’s ten-minute reckoning; TCS & HCTtech CEOs on Q3 and beyondHappy Wednesday! India’s fast-growing quick commerce industry was forced to slam the brakes on its “10-minute” delivery claim. This and mor...
End of Q-Comm's 10-min era; Google meets SiriBlinkit drops “10-minute delivery” claim after labour ministry intervention. This and more in today's ETtech Top 5.
Liquidnitro Games raises $19 million from Northpoint Capital, NexusThe fresh capital will be used to scale the Hyderabad-based company’s AI-enabled game production and live services platform, expand its glo...
Quick beauty service platform Dazzl raises $3.2 million, led by StellarisOn-demand beauty and wellness services platform Dazzl has raised $3.2 million in a round led by Stellaris Venture Partners.Angel investors ...
Instant househelp sector soars; TCS, HCLTech earningsHappy Tuesday! India’s on-demand home services sector saw record orders in December. This and more in today’s ETtech Morning Dispatch.
SuprDaily founder Puneet Kumar quits Nexus Venture Partners to launch new startupSuprDaily cofounder Puneet Kumar has left Nexus Venture Partners less than two years after joining, sources told ET. He is reportedly plann...
Indian VCs go independent amid wider churn in early-stage investingA change of guard is underway in Indian venture capital, as seasoned general partners (GPs) exit marquee funds to launch leaner, nimbler fi...
Urban Company CEO on IPO, competition & more; VCs go soloHappy Wednesday! Public listing bound Urban Company's CEO Abhiraj Singh Bhal details the startup’s plans. This and more in today’s ETtech M...
Top tech and startup stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
Wipro’s Q1 report; Former Nexus MD’s new fundHappy Friday! IT major Wipro reported an 11% rise in net profit, just ahead of Street expectations. This and more in today’s ETtech Morning...
Sameer Brij Verma’s solo fund Northpoint raises $150 millionSameer Brij Verma, who left Nexus Venture Partners last year, has closed a $ 150 million solo GP (general partner) fund, Northpoint Capital...
Agri-biotech startup GreenGrahi raises Rs 32 crore in round led by Avaana CapitalHuddle, Campus Fund, Blume Founders Fund, and angel investors Nitin Sharma and Sameer Brij Verma participated in the funding round. The fun...
Digital lenders’ RBI plea; Peak XV’s top-level churnDigital lenders are asking India’s central bank to loosen the reins around unsecured lending. This and more in today’s ETtech Morning Dispa...
Peak XV’s Shailesh Lakhani, Abheek Anand quit VC firm adding to top-level churnThe two will no longer have full-time investing roles but will continue to hold their board seats in some of their portfolio companies. Acc...
Musk’s $97.4 billion offer for OpenAI; Peak XV’s exitsA consortium led by Elon Musk has made an audacious $97.4 billion bid for the non-profit overseeing ChatGPT-maker OpenAI. This and more in ...
Year in Review: VC firms sit on a pile of cash but wary of backing startupsIndia's VC landscape is experiencing a shift. Despite raising $2.5 billion in 2024, investments remain cautious, totalling $10.9 billion. E...