venture capital

India Digest: Apollo LogiSolutions eyes $100m funding; SmarterHi Comm, CRON raise funds

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Apollo LogiSolutions is also keen on inorganic growth.

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CP Gurnani, MD&CEO, Tech Mahindra
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Vikram Gupta, founder and managing partner, IvyCap Ventures
Photo: Bloomberg
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Global VC funding ends at a cautionary note amid lower number, value of deals in 2016

2016 ended at a cautionary note for investors as financing to venture capital-backed firms the world over hit a low in Q4 2016 with deal count dropping below 2000 for the first time since 2013 and $21 billion being invested in these deals during the period, hardly a surprise amid 2016 already hailed as a reset year for “exuberant funding” dominated 2015.

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10 Indian early-stage venture capital deal-makers to watch in 2017

India’s early-stage investors struck 405 deals worth $1.4 billion in 2016, a year that marked the return of reason to the venture capital market. The overall volume and value of investments are down from the previous year by 21% and 28%, respectively, according to data compiled by Chennai-based researcher Venture… Read more »