Ecosystem Weekly | 10th Apr’22
Ecosystem Ventures this Week
It’s a delight to share that Ecosystem Ventures along with TiE MP organized a Fireside Chat on The Start-up Ecosystem. It was attended by the Charter Members of TiE MP. Mr. Abhijeet Bhandari (Director, ESV) shared insights on the investment decisions of VCs. Mr. Mohit Bansal (Partner, ESV) deliberated on what makes a small business into a startup. Mr. Ashutosh Singh (Partner, ESV) discussed SaaS opportunities and Mr. Vinay Bhandari (Partner, ESV) explained why UAE is a favorable investment destination. The event was initiated by Mr. Jay Jain (Vice-President & Treasurer, TiE MP).
Startup News Snippets
Dailyhunt parent VerSe Innovation raises $805M
In one of the single largest fundraises of the year of $805 million, Dailyhunt’s parent company VerSe Innovation is now valued at $5 billion.
Read More
Bandhan Financial, ChrysCap, GIC to acquire IDFC Mutual Fund for Rs 4,500 cr
Private sector lender Bandhan Bank Ltd.’s parent Bandhan Financial Holdings Ltd. – led consortium of private equity firm ChrysCapital and Singapore’s sovereign fund GIC, has been shortlisted to be the new owner of IDFC Asset Management Co. Ltd, which manages mutual fund assets worth about Rs1.3 trillion
Read More
M&A News
Market Pulse
- Bengaluru-based agritech startup Agrizy has raised $4 million in Funding from Omnivore, Ankur Capital, Rajesh Yabaji, Srinath Ramakkrushnan, Amrit Acharya, Rahul Sharma and Vishal Chaudhary
- Delhi-based P2P rural commerce startup Rozana has raised $3 million in Pre-Series A funding from 3one4 Capital, IEG-Investment Banking Group, Manisha Girotra and Surendra Kumar Jain
- Bengaluru-based online gaming startup One World Nation has raised $2 million in Seed funding from Better Capital, Polygon Studios, Cloud Capital and Indigg
- Bengaluru-based agritech startup TraceX Technologies has raised $1 million in Pre-Series A funding from NABVENTURES fund, Paipal Ventures, Sunil Kumar and an undisclosed family office
- Bengaluru-based blockchain startup Kandola has raised $450k in Pre-Seed funding from AlphaWave Global, Sandeep Nailwal, Harsh Rajat and Arcanum Capital
Leave a Comment