On Thursday, early-stage venture capital (VC) firm Stellaris Venture Partners launched its largest-ever investment vehicle—a $300 million fund. The fund was heavily oversubscribed, but the firm's partners decided not to raise more than this. This $300 million corpus, according to Stellaris partner Alok Goyal, is the right size for deploying over the next 4 years in India's seed-to-Series A startup funding ecosystem.
Similarly, Blume Ventures, which has invested in prominent Indian startups including Battery Smart, Purplle, and Unacademy, doesn't plan to increase the corpus for its next two funds, maintaining them at about $290 million, the venture capital firm told Mint in October.
Peak XV also echoed similar sentiments when it slashed its $2.85 billion India and Southeast Asia fund by $465 million to reduce its cost of capital. A key reason for this: insufficient opportunities for Peak XV's growth strategy.
هذه القصة مأخوذة من طبعة November 29, 2024 من Mint Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة November 29, 2024 من Mint Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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