A bunch of smaller home-grown venture capital firms have entered the market over the past 18 months with first-time funds that are slowly beginning to
Japan’s SoftBank Group Corp. holds the strings to both deals.
As many as eight firms, including Temasek’s Innoven, now criss-cross a market that until recently barely existed.
Over the last seven years, impact investors have put $5.2 billion to work across 485 deals.
A smattering of deals over the last 18-odd months suggests that brick-and-mortar startups are no longer the pariahs that they were not long ago.
That’s more than double the capital raised in the same period last year.
Son is clearly sending out the message that India, despite recent setbacks, remains an extremely important market for SoftBank.
After seven years and an estimated $2b wagered, Tiger Global Management is weeks away from notching its first meaningful exit in India’s startup mar
it may be a while before the VC activity touches exuberant levels of 2014 and 2015
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