The Korean government has selected Greyhound Capital and Headline Asia as venture fund managers for its new $1.3 billion global fund. The fund, which is managed by the Korea Venture Investment Corporation (KVIC), aims to invest in early-stage startups in the United States, Europe, and…
The Middle East and North Africa (MENA) region has seen a significant decline in venture capital funding in recent months. According to data from Magnitt, a venture capital database, the region raised just $1.1 billion in funds raised across 193 deals in the first half…
Three Indian family offices have picked up a Rs 435 crore stake in FirstCry, the online baby and kids products retailer that is gearing up for an initial public offering (IPO). The family offices are Manipal Group’s Ranjan Pai’s MEMG Family Office, Marico’s Harsh Mariwala’s…
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….
The venture capital (VC) and startup ecosystem is constantly evolving. In recent years, there have been a number of trends that have reshaped the way VC firms invest in and support startups. Two of the most notable reverse trends are: These two trends are having…
The venture capital (VC) landscape in India has been undergoing a major transformation in recent years. Traditionally, VC funding was only available to a select group of startups, but this is now changing. A number of factors have contributed to this democratisation of VC in…
Venture capital firm Accel boasts an impressive track record, having invested in over 200 ventures, with 22 of them achieving unicorn status. These unicorns span diverse sectors, including direct-to-customer (D2C), business-to-business (B2B), and software-as-a-service (SaaS). Noteworthy names among these unicorns include Swiggy, Urban Company, BrowserStack,…
