Mumbai-based early stage investment firm Kae Capital has reportedly closed its second VC fund at $53 Mn, a 32.5% increase from the estimated $40 Mn. According to sources, around 40% of the fundraise has been contributed by international investors and institutional backers like Quilvest, Velos Par…
Tag: Sasha Mirchandani
Fund-of-Funds: 17 VC firms sanctioned Rs 623.50 cr from govt start-up fund
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…
VCs are more measured about investments now: Sasha Mirchandani, Founder & MD, Kae Capital
Sasha Mirchandani, the Managing Director and founder of Kae Capital, an early stage venture fund, weighs in on the current challenges in the Indian startup ecosystem Q: With funding drying up, valuations being slashed and employees being laid off, it’s a difficult environment for startups. Who is…
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…
Start-up funding eases, but crunch is not over
Winter is here but the freeze in funding could be easing for start-ups. “Deal activity has picked up in the past few months. We are seeing consolidation in many sectors. The crunch has eased a bit,” says Anand Lunia, Founding Partner at venture capital firm India Quotient. In the past few months,…
Micro VCs best match for fund-starved start-ups
Delhi-based small fund Quarizon is in the last leg of closing its second round of capital raise of `20 crore to give startups a fillip to their humble beginnings. Quarizon has just finished deploying its first fund of Rs12 crore across eight startups in need for seed investments. The funding sque…
Smart start-up VCs ally with global peers for faster exits
That a grim market scenario has venture capital firms locking up their purses in 2016 is a fact unmatched. But venture capital firms have turned their eye towards a global solution to return capital to their investors and deliver the best possible return they can, in times of distress. As many VC…
Real estate start-up Azuro gets funding from Kae Capital, White Unicorn Ventures
Early-stage investment firm White Unicorn Ventures, Kae Capital and Mumbai Angels have invested an undisclosed amount in real estate management start-up Azuro. Azuro will use the funds to expand its operations across Mumbai, and invest further in building the technology. Mumbai-based Azuro, was f…