SIDBI VENTURE CAPITAL

The IVCA VC Council, led by industry experts, aims to elevate the Indian start-up ecosystem by fostering innovation, supporting micro-VCs.

Early-stage venture firm Sorin Investments, founded by veteran dealmaker and former KKR India CEO Sanjay Nayar, made the final close of its maiden fund at Rs 1,350 crore, sources told ET. Through this fund, Sorin will back startups looking to raise ...

Conversations over boosting supply of capital to homegrown startups have come at a time when the startup ecosystem is experiencing a major slowdown. According to Infosys cofounder S Kris Gopalakrishnan, there is significant wealth in the country and...

Piramal Alternatives acquired a stake in Annapurna Finance, becoming a top shareholder. Nuveen holds 11%. Kikani cited microfinance's 32% CAGR. Annapurna's AUM is ?10,400 crore. Pattanaik emphasized growth capital's significance.

Piramal Alternatives, the investment arm of the Piramal Group, has picked a 9.85% stake in Odisha-headquartered micro lender Annapurna Finance through secondary equity deals.

Myelin Foundry secured $4 million with participation from existing investors. The funds will fuel platform development, global expansion, and solidify their edge AI leadership.

India's consumer and retail sector experienced a surge in M&A and private equity deal activity in the March quarter. The sector recorded 102 deals valued at $1.74 billion, with a focus on acquisitions and investments in the food processing and healt...

Government is crafting a framework to enable pension funds and insurers to invest in startups, aiming to boost domestic capital. Efforts include redefining startup criteria, educating investors, and potentially expanding existing funding schemes.

The latest capital infusion marks the final close of the Bengaluru-based startup’s Series A stage of funding at $12 million. In June 2023, Digantara had raised $10 million led by Peak XV Partners (formerly Sequoia Capital India and Southeast Asia).

The IVCA Conclave 2024 panel discussed the growth opportunity of 200Mn+ Entrepreneurial Households in India, the demand for credit from the MSME sector, and the economic success of women entrepreneurs.

The aim of the organisation is to position Odisha as one of the top three startup destinations in the country, and achieve 5,000 startups by 2025, says Omkar Rai.

Telecom department launches a Shark Tank-style funding initiative to boost startups, focusing on next-gen technologies. Acting as a liaison, the DoT connects startups with venture capitalists (VCs), aiming to foster domestic tech giants. 25 startups...

Cactus Venture Partners, an early growth-stage venture investment firm, has secured a total corpus of about Rs 630 crore (about $75.9 million). It will invest in about 15 companies in total, general partners Rajeev Kalambi and Amit Sharma told ET. T...

At the ET SIDBI MSME Conclave held in Bhubaneswar on January 19, government officials explain how working capital woes are being addressed; the city's airport is ready to handle direct export and import.

FinAGG Technologies, a fintech startup that provides working capital solutions to micro, small and medium enterprises, on Thursday said it has raised $11 million in a Series A round of funding led by Schroders-backed BlueOrchard and Tata Capital.

The city with a flavourful food business, Indore has been an enabling ecosystem for many small businesses. The food sector is also known for being ruthless and cutthroat.

The industry is concerned about the close-ended nature of AIFs, where institutions with existing lending relationships with investee portfolio entities face a tight 30-day timeline from December 19, 2023, to liquidate investments, failing which they...

SIDBI is an existing investor in Anicut Capital and has invested in both of its debt funds. The bank had invested Rs 140 crore (about $16.9 million) in Anicut's second debt fund.

Pi Ventures had announced the first close of the second round in January 2022 with Rs 303.5 crore ($40 million) raised from venture capital firm Accel, entrepreneurs, high-net-worth individuals and family offices.