When the founders of angel-funded healthcare start-up Medd set out to raise institutional capital from Venture Capital (VC) funds in June, the tide had turned. The start-up ecosystem was showing signs of trouble, with large start-ups such as Housing, TinyOwl and others laying off employees and st…
Tag: Venture Capital
Rainmaker closes maiden venture capital fund
Rainmarker Ventures, founded by Sudhir Menon and Atul Hegde, on Friday announced the closure of its first venture capital (VC) early stage fund. “We want to fund companies before their first institutional round. All companies we invest in should have a mobile play,” said Hegde. The co-founder of…