The past few years have seen the first cycle of mergers and acquisitions, exits, and track-records being created. In what appears to be the beginning of a fresh wave of venture capital (VC) in India, several new funds have done their maiden money raising. These include Stellaris Ventures, Pravega Ventures, Endiya Partners, and Fireside Ventures, which have announced closure of their maiden funds in the past few months. Stellaris is an early-stage fund founded by Ritesh Banglani, Rahul Chowdhri ... Rediff.com, 3 weeks ago
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Investors spent much of 2016 cleaning house. And a VC tells Ranju Sarkar: "There's still some bad news left in the portfolios (of VC firms). What happens to Ola and Flipkart will drive sentiment in future." IMAGE: Start-up funding fell 58 per cent in 2016 to $2.93 billion, down from $6.93 billion in 2015, according to VCCEdge. Photograph: Reuters. After vying with each other to invest in start-ups at high valuations in the past few years, investors spent much of 2016 in cleaning up ...Rediff.com, 2 months ago
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