Reserve Bank Of India RBI Norms For Overseas Startups

Reserve Bank Of India(RBI) Introduced New Draft To Facilitate Investments In Overseas Technology Funds

The Reserve Bank of India(RBI) introduced a new draft to facilitate investments in overseas technology funds which further deploy these funds to foreign startups. RBI is of the opinion that the current overseas direct investment policy does not meet the eligibility norms for making overseas direct investments under the automatic route. That is the reason […]

UPI Enabled Indian Fintech Startup-Trupay

UPI Enabled Indian Fintech Startup Trupay To Expand Into Mutual Funds, Insurance & Travel Payments

Indian Fintech Startup, Trupay, has launched a mobile payment app based on Unified Payment Interface (UPI). RBI, in conjunction with the National Payments Corporation of India (NPCI), recently launched the UPI payments platform in India. Unified Payments Interface (UPI) enabled Trupay is a digital financial technology app which is also looking to enter areas such […]

Early Stage Venture Fund - Pi Ventures

Early Stage Venture Fund Pi Ventures Raised USD$29M To Launch Its First Fund

An Early Stage Venture Fund, Pi Ventures, has raised USD $29 million (about INR 195 crore) to launch its first fund. Both domestic and international investors have been approached to participate in the fund. The raised capital will be used by the company to focus on startups at the idea stage or product-market fit stage. The […]

Venture Capital Firm - DCM Ventures

Venture Capital Firm DCM Ventures Raised USD$770M For Flagship, Early & Growth Stage Startups

US-based Venture Capital Firm, DCM Ventures, has raised USD $770 million for its various investment funds. Of this amount, $500 million will be used for DCM’s eighth flagship global investment fund, $100 million (A-fund) for early-stage startups, and $170 million (Turbo Fund) for growth-stage companies. DCM Ventures is a venture capital firm with over $2.8 […]

Seed Capital Fund - WaterBridge Ventures

Manish Kheterpal Launched Seed Capital Fund WaterBridge Ventures With USD$15M For Startups

Private equity veteran Manish Kheterpal launched Seed Capital Fund named WaterBridge Ventures with a fund of USD $15 million (about INR 100 crore) for startups. It is a SEBI registered, early stage startups fund with initial focus on Seed and Series A funding in the technology startups. Seed Capital Fund WaterBridge Ventures will primarily look to […]

Startup Fund - Fund of Funds for Startups

Union Cabinet Led By PM Modi Approves INR 10, 000 Crore Startup Fund ‘Fund of Funds for Startups’

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approved the establishment of Startup Fund named “Fund of Funds for Startups” (FFS) at Small Industries Development Bank of India (SIDBI) for contribution to various Alternative Investment Funds (AIF), registered with Securities and Exchange Board of India (SEBI) which would extend funding support […]

Government Policies Schemes Research Startup - The Indian Iris

Government Policies Schemes Research Startup The Indian Iris Raised Funding From Timbru Ventures

Government Policies Schemes Research Startup, The Indian Iris, has raised an angel investment of undisclosed amount from Ahmedabad-based Timbru Ventures, a fund that supports aspiring entrepreneurs. The Indian Iris is a platform that provides all policies and schemes of centre and state governments in an easy language. The team navigates through complex policy documents and […]

TVS Automobile Solutions

TVS Automobile Solutions Invested INR 75 Crore In Jazzmyride.com, Autosense & Redsun Telematics

TVS Automobile Solutions Limited (TASL), part of TVS & Sons, has made around INR 75 crore investments in three start-ups to form a start-up ecosystem for its digital initiatives. The investments have been made in – Jazzmyride.com, which deals with auto parts and accessories; Autosense (a venture by Hansa Cequity) that provides technology and analytics […]

Early Stage Venture Capital Firm - Saama Capital

Early Stage Venture Capital Firm Saama Capital Raised USD$31M Third VC Fund

Early Stage Venture Capital Firm, Saama Capital, has raised around USD $31 million for its third venture capital fund. The new fund has 25 investors, according to an SEC filing. The total offering amount is USD $50 million and the total amount sold is $30.33 million reported Medianama. The company expects to raise USD $60-$80 […]