Fund

On paper, non-bank sources have offset the fall in bank funding to commercial sector. But trace the source of funds and we go back in many cases to banks, who continue to play an outsized role. India still lacks enough diversity in sources of funding

Former IndiaAI mission advisor Aakrit Vaish to launch Activate, an AI fund with a $75 million corpus

General Catalyst, Aravind Srinivas of Perplexity, Vijay Shekhar Sharma of Paytm, Harsh Jain of Dream 11 are among the notable limited partners (LPs) of the fund, sources told Moneycontrol. Activate has already signed its first term sheet.

JM Financial-backed ZOFF Foods looking to raise Rs 150 crore for offline expansion

ZOFF, which is targeting a topline of Rs 200 crore in FY26 after closing the previous year at Rs 110-120 crore, also plans to go big on the ready-to-cook segment

What founders should know before approaching venture capital funds in 2025

While investor confidence and VC funding activity revived in 2024, funds are looking for certain specific qualities in the startups they are willing to fund

Planify Launches VentureX Fund: A Pioneering SME-Focused Alternative Investment Fund (AIF)

With a total fund size of Rs 1,000 crore, the fund aims to unlock untapped opportunities within the SME sector

Congress woos gig workers with welfare fund from transaction fee on aggregator platforms

After Karnataka, Congress-led government in Telangana is expected to introduce a gig workers' welfare bill. However, app-based aggregators are not pleased with the idea of data sharing.

Karnataka plans 1-2% transaction fee on aggregator platforms like Zomato, Swiggy for gig worker welfare fund

The state cabinet is expected to discuss the Karnataka Platform-based Gig Workers (Social Security and Welfare) Bill on October 28 before tabling it in the winter session of the legislature in December.

Zerodha launches new fund to support global open source projects

The fund represents a structured effort to provide financial support to FOSS projects, ensuring long-term sustainability for developers and contributors, CTO Kailash Nadh has said

ASK-Shriram Properties AIF platform to close Rs 500 crore fund by FY25

The company said its first development project in Pune has got deferred again due to approval-related delays.

Venture studio IndusDC commits Rs 100 crore for deeptech startups working on clean-energy solutions

Each startup founded by IndusDC will have access to INR 20 crore in capital as combination of grant, equity and debt.

Texmaco Rail gains after Board approves proposal to raise Rs 150 crore

In the last one year, Texmaco Rail stock has delivered multibagger returns of 344 percent, more than quadrupling investors' money.

Motilal Oswal Alternates announces first close of Rs 1,250 crore for its 6th real estate fund

The company said it has signed three term sheets with Grade A developers in Bengaluru, Chennai, and Hyderabad and expects to close the first transaction within two weeks.

Endiya Partners to launch Fund III with corpus exceeding $100 million

With the new fund, the VC firm will continue to focus on deep tech, health, fintech, SaaS and also enter newer segments such as AI

Chart of the Day: Mid and small companies face a question of how to fund growth

Investors have been flocking to small and mid-caps perceiving them as better opportunities but large companies seem better equipped to sustain growth

COP28 climate summit just approved a loss and damage' fund. What does this mean?

Day one of the COP28 climate summit saw the first big breakthrough: agreement on a loss and damage fund to compensate poor states for the effects of climate change.

Can the size of a fund impact its performance?

It is critical to understand the characteristics of a fund and its role in the overall portfolio while deciding on portfolio allocation

India regulator probing ties between Adani Group and Gulf Asia fund

The fund is called Gulf Asia Trade & Investment, the sources said. It is owned by Dubai businessman Nasser Ali Shaban Ahli, according to checks of its website last month although the site has since been pulled down.

Early-stage VC firm Vertex Ventures' SEA and India arm raises $541 million in Fund V

The VC firm said that within its fund corpus, there is a designated co-investment fund of $50 million, specifically allocated for partnering with the primary fund in startups led by female founders

Govt seeks to carve out $12 billion to cool inflation, may lower taxes on fuel sales

Prime Minister Narendra Modi will take a decision in the coming weeks, which could include lowering taxes on local petrol sales and easing import tariffs on cooking oil and wheat, according to sources.

NTPC seeks shareholders' nod to raise up to Rs 12,000 crore via bonds

The company borrows in the form of NCDs, rupee-term loans from banks and financial institutions, foreign currency borrowings, foreign currency bonds etc.

Agritech-focused Omnivore makes first close of third fund at $150 million

In April 2022, Moneycontrol reported that the firm plans a first close of the new fund by September 2022 and a final close by June 2023.

Antler raises $285 million in new fund for growth-stage startups

The new fund, called Antler Elevate, would be managed from its offices in London, Singapore, and New York. M&G Catalyst, Schroders, Vaekstfonden, Korea Venture Investment Corp (KVIC), and a US pension fund are some of the investors in Antler's new fund

Founders need to have realistic expectations post the downturn, Matrix Partners believes as it closes its largest-ever fund

Balaraman and Tarun Davda, Partner and Managing Director of Matrix Partners India, spoke to Moneycontrol after closing their fourth India-dedicated fund, raising $525 million. Along with General Partner Commitment and employee participation, the fund was closed at $550 million, the two partners said. This fund is the largest ever raised by the venture capital firm and will be used to invest in around 45-50 companies.

Silicon Valley 5G chip startup EdgeQ raises $75 million to boost production

It also announced that Lattice Semiconductor Corp CEO Jim Anderson is joining EdgeQ's board of directors.

Global factors, foreign fund trading activity to drive markets this week: Analysts

”This week won’t bring any significant cues, so we may see a tussle between bulls and bears. Because the US market is currently experiencing the second wave of selling following the Federal Open Market Committee (FOMC) meeting, its direction will continue to be crucial.