WEALTHY STOCK MARKET leaders, second-time founders, bankers and even cash-rich salaried employees are joining the club of angel investors. This is strong enough evidence that the startup ecosystem of India has established itself as a potential alternative for investment alongside traditional options such as FDs and mutual funds. Apoorva Ranjan Sharma, Co-founder, Venture Catalysts++ along with three other Co-founders Anil Jain, Anuj Golecha and Gaurav Jain leads Venture Catalysts++. Venture Catalysts is an early-to-growth stage fund that includes five funds ranging from early-stage to sectorfocused.
The company first launched its 150 million accelerator fund in 2020 and it has launched four more including Venture Catalysts Angel Fund, a 200 million fintech-focused fund called Beams, Proptech fund Spyre and a 200 million growth stage sector agnostic fund Elevs. The group has a combined portfolio of over 300 startups whose consolidated valuation is pegged at around 10 billion thus making it the country’s largest early-to-growth stage investing platform.
With over 3,000 angel investors present across 55 cities, Venture Catalysts++ has a network in the country where it has helped create awareness about startup investments.
India’s Potential
Denne historien er fra December 03, 2022-utgaven av Businessworld India.
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Denne historien er fra December 03, 2022-utgaven av Businessworld India.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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MEMORIES & IMPRESSIONS
Ratan Tata was an exceptional human being. He was a visionary leader, esteemed industrialist, and a humanitarian, who left an indelible mark on India and the world.
The Robotaxi Market
The robotaxi market is shaping up to be a high-stakes battleground as tech giants and automakers race to transform urban mobility.
And the Nobel Prize Goes to AI
The recent Nobel Prize T awards to AI pioneers affiliated with Google have sparked a broader conversation about Big Tech's influence on research and the limitations of traditional prize categories.
Ola Electrified
Once considered a trailblazer in India’s electric vehicle (EV) ecosystem, Bhavish Aggarwal’s Ola Electric now faces a major accountability crisis.
Sharp Slide in Industrial Output on Eve of Deepavali
India’s index of industrial production (IIP) saw a sharp reversal in August, contracting by 0.1 per cent, in stark contrast to the 4.7 per cent growth in July, mostly because of significant contractions in mining and electricity generation.
Heralding the Solar Era with Sustainable Electrification
RAJEEV KASHYAP on the economics of solar power, the hurdles in scaling it, and much more
A WELL-GREASED MACHINE
The OmniBook X14 laptop runs on first-generation Snapdragon X Elite, which bets big on Al-enabled productivity and battery life, but falls short when it comes to overall experience, says Deep Majumdar
DO NOT LETA HEALTH CRISIS RUIN YOUR FINANCIAL HEALTH
For a family of four living in a metro, it is recommended to opt for a family floater health insurance plan with a sum insured of at least Rs 15-20 lakh
Disruption Ahead: Beyond Organisation Charts and Structures
ALBERT EINSTEIN FAMOUSLY said, “We cannot solve our problems with the same thinking we used when we created them.
Dr. Rahul Shivajirao Kadam: A Visionary Leader Blending Sustainability, Innovation, And Social Empowerment
We are on the stage of global warming, and these technologies not only help prevent further damage but also leave behind a better environment for future generations.
