Elev8 Venture Partners, based in Bengaluru, has achieved the significant first milestone of closing Elev8-Capital Fund 1, securing an initial amount of $67 million. This achievement comes with the participation of family offices and high net worth individuals (HNIs) from various regions including India, the…
Glendower Capital, CVC’s platform for secondaries, is thrilled to announce the successful final close of Glendower Capital Secondary Opportunities Fund V (SOF V), its fifth global secondary private equity fund. This milestone marks Glendower’s achievement of raising an impressive $5.8 billion in aggregate capital commitments…
Unlocking Effective Fundraising Strategies for First-Time Fund Managers (FTFMs) in India’s Thriving Startup Ecosystem The symbiotic growth of India’s startup landscape and the ascent of emerging indigenous venture capital (VC) funds, especially those led by first-time fund managers (FTFMs), is undeniable. This evolving ecosystem is…
SK Capital Partners, a private investment firm focusing on specialty materials, ingredients, and life sciences, has announced the successful closure of SKCP Catalyst Fund II. The Fund garnered a total committed capital of $800 million, exceeding its $750 million hard cap on Limited Partner commitments….
Finance Minister Nirmala Sitharaman has announced that Indian companies will now have the opportunity to directly list on foreign exchanges and the International Financial Services Centre (IFSC) in Ahmedabad. This provision, part of the Covid relief package introduced in May 2020, has been approved by…
Startup funding in India has taken a hit, and the monsoons haven’t brought any relief. The data speaks for itself. In July, the lack of growth stage deals, limited support from large funds, ongoing layoffs, and uncertainty surrounding future funding rounds have caused trouble for…
IntroductionThe Alternative Investment Fund (AIF) industry in India, encompassing Venture Capital (VC) and Private Equity (PE) funds, is facing a brewing crisis. A significant number of AIFs, valued at ₹17,500 crore, are nearing expiration within the next 16 months, but winding down is proving challenging….
Pi Ventures, an early-stage venture firm specializing in artificial intelligence and deeptech startups, recently concluded the final close of its second fund, raising an impressive total commitment of Rs 702 crore ($85 million), surpassing its initial target of Rs 565 crore. Notably, the fund received…
Amidst a challenging fundraising market, signs of a “flight-to-quality” phenomenon have emerged in the private equity sector. Second-quarter fundraising fell 17.4% YoY to $241.58 billion, while the number of funds in the market dropped 50.3% YoY in Q2. These stats indicate that limited partners, facing…
According to a recent report from The Wall Street Journal, venture capital firms are reducing the size of their megafunds, signaling a shift in their investment strategies despite the ongoing AI boom and tech stock rebound. The report highlights that many opportunities in the AI…
