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Fearless Fund Receives Strong Show of Support from Venture Capital Community
Over 70 venture funds have banded together to sign an open letter denouncing the lawsuit against Fearless Fund. The lawsuit, filed by the American Alliance for Equal Rights, alleges that Fearless Fund is operating a “racially discriminatory program” by only investing in Black women-led startups….
India to Attract $450 Billion in Investment in Next 5 Years: VC Firm
A venture capital firm has predicted that India will absorb about $450 billion worth of capital in the next five years. The firm, Chiratae Ventures, said that this investment will be driven by the growth of the Indian startup ecosystem and the increasing interest of…
Investors Bet Big on Indian Startups, Eyeing Big Returns
The Indian startup ecosystem is poised for a strong year in 2023, as venture capital (VC) funding is expected to pick up pace. According to a report by Tracxn, the Indian startup ecosystem saw $38.5 billion in funding in 2022, up from $16.2 billion in…
Peak XV’s Dealmaking Spree Signals Confidence in Indian, Southeast Asian Startups
Peak XV Partners, the India and Southeast Asia unit of Sequoia Capital, has been on a dealmaking spree in recent months. The firm has signed more than 10 term sheets and executed three exits since announcing its split from Sequoia in June. The firm’s recent…
Investors Bet Big on Small EVs as India Goes Green
India is one of the world’s largest markets for electric vehicles (EVs), and the potential for growth is massive. The Indian government is committed to promoting EVs, and has set a target of having 30% of all new vehicles sold in India be electric by…
How Zebra Companies Are Changing the Indian Economy
The term “zebra” company was coined by entrepreneur and investor Naval Ravikant to describe businesses that are “not unicorns, but still very large, successful, and impactful.” Zebra companies are typically founded by mission-driven entrepreneurs who are focused on solving a significant social or environmental problem….