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EARLY STAGE VENTURES
Quote of the day by Adam Sandler, who officiated Taylor Swift’s wedding: ‘No matter the job, try to keep your family close. You don't want to be apart from the people you love’Pop sensation Taylor Swift and NFL star Travis Kelce tied the knot at Madison Square Garden, with Hollywood actor Adam Sandler officiating....
ETtech Deals Digest: Cred, Sarvam mega rounds lift startup funding to $1.91 billion in June, up 91% on-yearIndian startups secured a significant $1.91 billion in June, a substantial leap from previous periods, driven by major late-stage investmen...
Pi Ventures explores Fund I portfolio exits amid investor scrutiny over returnsWhile Manish Singhal remains a designated “key person” in the fund, Pi Ventures has witnessed several senior-level exits over the past five...
Cred’s angels, institutional investors score big in Meta dealThe sale is part of Meta’s $900 million investment in Cred, which valued the Kunal Shah-founded company at about $4 billion. The transactio...
His salary went from Rs 25,000 to Rs 1 lakh a month: Ex-Oracle Bengaluru employee explains why his MBA degree was worth itAn ex-Oracle employee, Pradeep Kannan, credits his MBA with transforming his career from a corporate role to entrepreneurship. He states th...
Yotta Data Services in talks with PE funds to raise $1 billionYotta Data Services is reportedly seeking $1 billion from global and domestic funds, aiming to sell a 25-30% stake at a $3 billion valuatio...
Coal gasification pilot yet to take off despite ₹6,233 cr incentivesNearly a year after awarding ₹6,233 crore for coal gasification projects, none have progressed beyond planning. Despite multiple task force...
Battery recycler BatX Energies raises Rs 105 crore from IvyCap Ventures, othersBatX Energies has secured Rs 105 crore in a funding round led by IvyCap Ventures, with participation from existing investors. The startup s...
Sparrow Capital closes third fund at Rs 475 crore, means to write bigger chequesAbout 60% of the corpus came from global endowments, foundations, funds of funds, and family offices, and the rest from startup founders, o...
Capital Call: Indian VCs face toughest fundraising market in a decadeData from market intelligence firm PitchBook, reviewed by ET, shows Indian VCs have raised just $820 million across 32 funds as of mid-June...
AI startup Rocket in talks to raise $40-50 million: sourcesIf completed at the current terms, the round will mark a sharp re-rating for the company less than a year after it raised $15 million from ...
Startup seed rounds double as VCs turn more selectiveIndian startups are securing significantly larger seed and early-stage funding rounds, nearly doubling their average cheque size. This tren...
ETtech Deals Digest: Cred’s mega round lifts startup funding to $1.09 billion this week, up 290% on-yearIndian startups secured a significant $1.09 billion in funding across 14 deals, with fintech giant Cred leading the charge with a massive $...
AI startup General Intuition raises $320 million from Khosla Ventures, General Catalyst, Jeff BezosGeneral Intuition describes itself as a "frontier lab for acting in space and time.” It focuses on the development of large action foundati...
Bleak job market for H-1B returnees; Delhivery investors' exitLaid off tech workers from the US face an unprecedented job slump back home. This and more in today’s ETtech Morning Dispatch.
Gautam Adani launches initiative 'Vande Bharatam' to discover entrepreneurs across IndiaAdani Group Chairman Gautam Adani launched Vande Bharatam, a nationwide initiative to discover and support innovators and entrepreneurs fro...
Global Market: China's 'future industries' investment boom sparks valuation bubble concernsChina is witnessing a massive surge in venture capital, pouring billions into futuristic sectors like space, quantum computing, and AI. Thi...
From Rs 4,900 crore to Rs 41,300 crore: How Sanjeev Bikhchandani turned 135 startups into a 743% return machineSanjeev Bikhchandani's Info Edge has achieved remarkable capital compounding, deploying Rs 4,900 crore across 135 startups since 2007, now ...
OnFinance AI founder criticises All In Capital for not investing, apologisesBengaluru fintech founder Anuj Srivastava apologised after publicly criticising venture firm All In Capital for not investing in his startu...
ETtech Deals Digest: Sarvam mega round lifts startup funding to $403 million this week, up 36% on-yearIndian startups secured a significant $402.6 million in funding across 20 deals, with AI firm Sarvam leading the pack with a $234 million i...