The Digital Fifth’s 2nd Edition of Bharat Fintech Summit to Focus on Enterprise Fintech Growth, Retail & SME Finance Digitization by 2030
Aimed at tapping the ever-evolving banking and financial services ecosystem, the second edition of Bharat Fintech Summit will focus on the growth of enterprise Fintech and the digitization of retail…
Bengaluru-Based Rephrase.ai Becomes Adobe’s First Indian Startup Acquisition
Adobe, an American software giant, has made headlines by acquiring Rephrase.ai, a Bengaluru-based AI-powered video creation platform. First reported by ET, the deal marks Adobe’s first acquisition in the generative…
Report: PE/VC Investments Surge 60% YoY to Reach $13.6 Billion in Q3 2023
As per the latest EY-IVCA monthly PE/VC roundup, Private equity (PE) and venture capital (VC) investments in India registered a 60 percent year-on-year growth for the quarter July-September to touch…
Paytm’s Vijay Shekhar Sharma Bets Big on Indian Startups, Launches AIF with Target Corpus of Rs 30 Crore
In a bid to support Indian startups, Vijay Shekhar Sharma, Paytm Founder and CEO, has announced the launch of his maiden fund-VSS Investments Fund, for his private investments, having a…
Odisha Government Grants INR 1.28 Crore to Boost 10 Promising Startups
In a bid to boost innovation and entrepreneurship in Odisha, the Government of Odisha has approved a grant of INR 1,28,26,000 to 10 high-potential startups in the state. Through this…
Sequoia-backed Social Community Platform Pankhuri Acquires Palash
Pankhuri, a Sequoia-backed social community platform, has acquired Palash, a platform dedicated to empowering Indian women, for an undisclosed amount. With this deal, the Sequoia-backed startup will integrate Palash’s user…
VC Firm gradCapital Announces $6 Mn Fund To Support Student Entrepreneurs
In a bid to support the growing Indian startup ecosystem, a student-entrepreneur focused VC fund, gradCapital (gC), has launched its second fund worth $6 million. As per the official release,…
Gujarat-Based Rogue Opportunities To Back Indian Startups With Rs 25 Crore Investment
Gujarat-based angel network Rogue Opportunities has announced that it will invest Rs 25 crore in startups across India in the next 12 months. The Gujarat-based angel network claims to have…
Elev8 Venture Partners Marks First Close Of Maiden Fund At $67 Mn
Elev8 Venture Partners, a Bangalore-based growth stage investor, has marked the first close of its maiden investment fund, Elev8-Capital Fund 1, at $67 million. The development comes nearly a year…
Together Launches $150 Million Fund To Support Opportunities In The Gen AI Space
Together Fund has announced its second fund worth $150 million to continue backing startups in the Indian software-as-a-service (SaaS) and artificial intelligence (AI) space. Led by Freshworks founder Girish Mathrubootham…