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.
この記事は Mint Mumbai の November 29, 2024 版に掲載されています。
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この記事は Mint Mumbai の November 29, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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