In fact, they have provided a lifeline to many startup entrepreneurs, according to data gathered by market intelligence platform, TheKredible, they have made upwards of 101 investments in 2023 Vijay Shekhar Sharma, founder and CEO of Paytm, launched the VSS Investment Fund his maiden fund with a total corpus of ₹30 crore, which will target AI and EV-related startups. Zerodha co-founders Nithin and Nikhil Kamath will allocate as much as ₹1,000 crore to Indian startups through their investment firm Rainmatter Capital, which has already backed several startups, including elderly care platform Age Care Labs, sportstech startup Game Theory and many others.
Nikhil Kamath is also reportedly investing ₹100 crore in online jewellery brand Bluestone in a round that could also see participation from Zomato founder and CEO Deepinder Goyal, CarDekho founder and CEO Amit Jain.
"SOME OF THE large global VC funds have had turmoil and cashflow issues within their portfolio which has restricted their ability to take risks.
Diese Geschichte stammt aus der December 12, 2023-Ausgabe von Financial Express Mumbai.
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Diese Geschichte stammt aus der December 12, 2023-Ausgabe von Financial Express Mumbai.
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