- VC Firm Sequoia Capital To Slash Sixth India Fund Size By 25% To $600 Mn-$700 Mn US-headquartered VC firm Sequoia Capital is reportedly slashing the size of its new India fund by 25%. This comes at a time when investors are taking a guarded approach towards the country’s burgeoning early-stage tech ecosystem. With names like Zomato, OYO Rooms, Ola, Grofers and BJYU’s among its portfolio companies, Sequoia Capital is looking to […]
- Mumbai Based VC Firm IvyCap Ventures Announces $76.5 Mn Venture Debt Fund Mumbai-based IvyCap Ventures has announced plans to launch a $76.5 Mn (INR 500 Cr) venture debt fund within the coming three months. This is the VC firm’s third fund. It raised its first fund of $36.7 Mn (INR 240 Cr) in 2012 and a second $91.8 Mn (INR 600 Cr) fund in 2015. The investment […]
- In An Attempt To Boost Entrepreneurship, RGPV Launches $3 Mn Corpus For Startups Rajiv Gandhi Proudyogiki Vishwavidyalaya (RGPV) has formed a corpus of $3 Mn (INR 20 Cr). The objective of the corpus is to encourage students to take up entrepreneurship and for funding startups. To this end, the e-entrepreneurship cell of the university organised a two-day seminar last week. On the first day of the seminar, a […]