Entrackr | August 31, 2023 FinTech startup CredRight has raised Rs 78 crore (approximately $9.7 million) through a combination of equity and debt. The equity capital funding was led by the Michael & Susan Dell Foundation with participation from existing investors including YourNest, Spearhead Capital, 9Unicorns and Accion Venture Lab. The debt capital funding was
Author: Pranav Bafna Venture-backed businesses have wide ranging social and environmental implications. Managing it at an early stage has several benefits for startups. It opens doors to a pool of large-sized institutional capital, extending far beyond angel investors and family offices. It facilitates timely management of several non-financial risks and reinforces an environmental and socially
Tech Funding News | August 17, 2023 Contiinex, a Bengaluru-based startup leading the emerging Speech AI segment in India, has raised $2 million in a pre-Series A funding round. The investment came from two tech-focused venture fund houses – YourNest and Refex Capital. Plans for US expansion Contiinex will use the fresh funds to strengthen
PRNewswire | 08 Aug, 2023 Datamotive, a company that provides cloud workload portability for worldwide organizations, announced today that it has raised $3.8 million in a Pre-Series A funding round led by the Dubai-based VC firm Morphosis with participation from 3one4 Capital, YourNest Venture Capital and Patni Group. The new funding round will accelerate the
INC 42 | 27 Jul’23 Delhi-based telecom startup Wiom has raised INR 140 Cr ($17.1 Mn) in a Series A funding round led by RTP Global. YourNest, Omidyar Network India, Global Brain, Blume Founders Fund, Alteria Capital, Stride Ventures, Stride One and 9 Unicorns also participated in the round. With the fresh capital, Wiom will
(A) SEBI Updates 1) Amendments to SEBI (AIF) Regulations, 2012 Timeline and minimum corpus for declaring First Close of a scheme of an AIF to be prescribed Tenure of close ended schemes of AIFs shall now be calculated from date of declaration of First Close Change in manager/sponsor shall now require prior approval of SEBI
ETHealthWorld | April 4, 2023 Bengaluru: Dozee has raised $6 million as part of its Series A2 funding. The round saw the infusion of funds from Dozee’s existing investor base consisting of Prime Venture Partners, 3one4 Capital, YourNest VC, and new investors which include State Bank of India, J&A Partners Family Office, and Dinesh Mody
There are two schools of thought on what has been termed as the ‘funding winter’: one says that it is very much here and will remain for some months; another group believes it is hype touted by pessimists. But the truth lies in data, in hard facts. And not just facts at a helicopter level
Team 100X interviewed some of the top investors across the globe about their venture investing journeys, startups, and India. Here, Girish Shivani, Executive Director and Fund Manager at YourNest India VC Fundshares his responses. Q1. What is your motivation to be in the venture investing business I am actually an accidental VC, serendipitously reached out to Sunil,
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