New Delhi: Since its launch in January 2016, the government’s Rs 10,000 crore Fund-of-Funds for start-ups has faced a few too many brickbats. Up until last month, the conditions for raising capital from the Rs 10,000 crore Fund-of-Funds, which was meant to invest in local venture capital (VC) fun…
Tag: Rehan Yar Khan
Start-ups see M&A wave in 2017: Survey
Startups in India see a flurry of merger and acquisition (M&A) deals this year as both raising funds and staying afloat turn harder in what is increasingly becoming a highly competitive, profitability-focused market, shows a survey of startup entrepreneurs. The survey, based on responses fro…
Sidbi commits Rs 110 cr from start-up fund
The Small Industrial Development Bank of India (Sidbi), nominated by the government to manage its Rs 10,000-crore ‘fund of funds’ for start-ups, has committed Rs 110 crore to four venture capital funds, who are together trying to raise over Rs 1300 crore, to invest in start-ups. The funds which h…
Mumbai start-ups see 44% decline in funding in one year, reveals data
Mumbai, which spawned a bunch of high-profile startups like Housing.com and attracted millions of dollars in investor capital over the past few years, registered a 44% decline in funding deals in 2016, even as Pune managed to buck the slowdown. Mumbai struggled as its startup epicenter Powai saw …