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…

In a recent interview, Sanjay Swamy, Managing Partner at Prime Venture Partners, discussed the firm’s investment strategy, which includes a concentrated portfolio and a focus on early-stage startups. Swamy also talked about the challenges of exiting investments in India and the importance of building strong…

The Indian startup ecosystem is facing a number of challenges, including a funding winter, illiquid startups, and Sebi rules. These challenges are making it difficult for alternative investment funds (AIFs) to exit their investments. The funding winter has led to a decline in the number…

The Middle East and North Africa (MENA) region saw a troubled quarter for startup ventures in Q2 2023, with funding plunging 26% from the previous quarter to $1.4 billion. This is the lowest quarterly funding figure for the region since Q1 2020. There are a…

In a move to further consolidate its position in the Indian e-commerce market, Walmart has agreed to buy out Tiger Global’s stake in Flipkart for $1.4 billion. The deal, which is still subject to regulatory approval, will give Walmart a 95% stake in Flipkart. Tiger…

Templeton, a US investment giant, has announced that it is entering India’s credit market. The company has raised $15 billion for a new fund that will invest in Indian corporate bonds. Templeton’s decision to enter India’s credit market is a sign of the growing confidence…