Bengaluru: Silicon Valley-based venture capital fund and accelerator 500 Startups has put on hold its plans to raise a $25 million India-focused fund, Kulfi, citing taxation and regulatory reasons. Run by Dave Mcclure, one of the most prolific seed investors in Silicon Valley, 500 Startups has re…
Tag: Pankaj Jain
Sri Lanka’s venture engine event attracts global investors
The annual Venture Engine event in Colombo, Sri Lanka that started as a small, local event to fund and encourage early stage companies has scaled up significantly and now attracts global investors. The 16th edition of the event held last week in Colombo attracted about 20 investors from India, US…