Investment firms bet on early-stage start-ups – The New Indian Express

Express press service

BENGALURU: Amid a drop in late-stage deals, seed funding appears to be thriving, as on Tuesday alone four start-ups closed their seed funding round of between $200,000 and $2 million.
Shaka Harry, a plant-based meat startup, has received a $2 million investment in a seed funding round led by Better Bite Ventures, Blue Horizon and venture debt fund – Panthera Peak.

Shri Chyawan Ayurved, a start-up providing herbal products, raised $200,000 in the seed round. Veg Route, an agritech startup, raised $1.1 million in a seed funding round, led by VGROW Ventures, and B2B SaaS startup ElevateHQ raised $1.1 million in a a pre-seed funding round led by Leo Capital.

Meanwhile, B Capital, a multi-stage investment firm that has backed BYJU’S and Meesho, among others, announced the closing of its $250 million Ascent Fund II on Tuesday. This is the first fund dedicated to the start-up of B Capital. Ascent invests in pre-seed through Series A rounds globally. “Forty years of investing have taught me that early-stage founders have the best view of where the market is going,” said Howard Morgan, chairman of B Capital Group.

Last month, Axilor Ventures announced plans to launch a second Rs 770 crore fund to support early stage start-ups. That’s almost four times the size of the first fund. “At the seed stage, it is important that a startup receives the right kind of support, coaching and partnership to fuel its growth,” said Mohamad Faraz, Founding Partner, Upsparks. A micro-venture firm Upsparks has funded over 60 companies focusing on SaaS, fintech, B2B, climate/clean tech, and Web 3.0, among others. It aims to complete 100 start-ups in its portfolio by investing around Rs 100 crore by the end of 2022.

Vanshika Mangla, co-founder and chief investment officer, Pitch Our Way, said private investment in Indian digital-focused start-ups topped $36 billion this year, outpacing capital deals for the first time. -risk.

Many investors claim that sectors such as crypto, business-to-consumer (B2C), healthcare, fintech, and SaaS are growing rapidly and will also continue to grow rapidly in the coming year.

“This year, seed deals dominated with nearly 396 deals totaling $705.86 million, while Series A funding consisted of 166 investments totaling approximately $1.67 billion,” said added Mangla.

BENGALURU: Amid a drop in late-stage deals, seed funding appears to be thriving, as on Tuesday alone four start-ups closed their seed funding round of between $200,000 and $2 million. Shaka Harry, a plant-based meat startup, has received a $2 million investment in a seed funding round led by Better Bite Ventures, Blue Horizon and venture debt fund – Panthera Peak. Shri Chyawan Ayurved, a start-up providing herbal products, raised $200,000 in the seed round. Veg Route, an agritech startup, raised $1.1 million in a seed funding round, led by VGROW Ventures, and B2B SaaS startup ElevateHQ raised $1.1 million in a a pre-seed funding round led by Leo Capital. Meanwhile, B Capital, a multi-stage investment firm that has backed BYJU’S and Meesho, among others, announced the closing of its $250 million Ascent Fund II on Tuesday. This is the first fund dedicated to the start-up of B Capital. Ascent invests in pre-seed through Series A rounds globally. “Forty years of investing have taught me that early-stage founders have the best view of where the market is going,” said Howard Morgan, chairman of B Capital Group. Last month, Axilor Ventures announced plans to launch a second Rs 770 crore fund to support early stage start-ups. That’s almost four times the size of the first fund. “At the seed stage, it is important that a startup receives the right kind of support, coaching and partnership to fuel its growth,” said Mohamad Faraz, Founding Partner, Upsparks. A micro-venture firm Upsparks has funded over 60 companies focusing on SaaS, fintech, B2B, climate/clean tech, and Web 3.0, among others. It aims to complete 100 start-ups in its portfolio by investing around Rs 100 crore by the end of 2022. Vanshika Mangla, co-founder and chief investment officer, Pitch Our Way, said that private investments in start-ups Indian digital-focused ups topped $36 billion this year, outpacing venture capital deals for the first time. Many investors claim that sectors such as crypto, business-to-consumer (B2C), healthcare, fintech, and SaaS are growing rapidly and will also continue to grow rapidly in the coming year. “This year, seed deals dominated with nearly 396 deals totaling $705.86 million, while Series A funding consisted of 166 investments totaling approximately $1.67 billion,” said added Mangla.