Sources say the start-up’s founders were toying with many ideas after the fundraise and had delegated a lot of the work, which created confusion within the company
WickedGud, a D2C brand making healthy food and snack alternatives, appeared on Shark Tank season 2 and just last month raised Rs 2.25 crore from Shetty
Fintech is back to being the most funded start-up sector in India, after a brief retreat to the second spot. Energy tech, meanwhile, recorded the sharpest growth in funding last month.
E-commerce aggregator platform Mensa Brands has picked up a large debt round from TradeCred as it looks for growth and expansion across tech, supply chain, and brand buys.
In the last two years, venture debt has emerged as a strong asset class in India, with $800 million worth of debt capital raised in 2022. SIDBI is the latest to foray into the segment.
Unlike a decade ago, when offshore investors were funding India’s AIFs, the expanding pool of domestic investors is helping them grow today. Experts reckon AIFs can be as big as the Rs 40-lakh crore MF industry in a few years.
India has 2,200+ funded women-led startups. Investments in such companies have grown 91 per cent since 2010. But venture capitalists believe women founders still have a long way to go when it comes to raising big cheques at large valuations.
The homegrown early-stage VC fund made 12+ investments in 2022, amidst the funding slowdown. Inflexor Ventures has deployed nearly 15 per cent of its fund corpus of Rs 600 crore.
Despite a capital market slowdown in 2022, India continued to attract venture funding, especially in early-stage deals. Five per cent of all VC investments last year globally flowed into India, per a new study.