Tag: Manish Singhal

Why SIDBI can be a game changer for venture capital industry

Around June last year, entrepreneur-turned-venture capitalist Manish Singhal was looking to raise his first venture fund, and he thought it was the toughest task he had ever undertaken. Singhal had earlier co-founded startup financing platform Letsventure. As he searched far and wide for investor…

pi Ventures to get IFC equity for its maiden fund

Kolkata: Bengaluru-based pi Ventures, which seeks to raise $30-40 million in its maiden fund, is in talks with International Finance Corporation for an investment up to 20% of total commitment. “IFC proposes an equity investment of rupee equivalent of $3 million, not to exceed 20% of total …