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1991 Ventures in London joins the growing list of VCs aimed at Ukrainian startups
TechCrunch
·
1y ago
Medial
UK-based limited partners Venrex and Samos Investments are backing the launch of a new venture capital firm, 1991 Ventures, focused on investing in Ukrainian and Central Eastern European (CEE) startups. The firm, founded by Ukrainian brothers Denis and Viktor Gursky, aims to tap into the untapped talent in the region and provide pre-seed or seed funding to Ukrainian founders who struggle to access larger rounds of funding, particularly in London. The Gursky brothers have previously backed over 200 startups through their incubator Social Boost and their 1991 Accelerator. The Ukrainian startup ecosystem is thriving, with several other local VC firms also supporting the region's entrepreneurs.
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Kyiv says Russia has been rejecting ceasefire calls for 100 days
Economic Times
·
1m ago
Medial
Ukraine claims that Russia has been rejecting US and Ukrainian ceasefire proposals for over three months, despite ongoing talks. Since the start of this year, several meetings involving US, Russian, and Ukrainian officials aimed at stopping Moscow's invasion have been unsuccessful. Russia has been setting terms that Kyiv perceives as ultimatums. Moscow seeks control over four regions and wants to replace Ukrainian leader Volodymyr Zelensky. Kyiv remains committed to peace, urging stronger international actions against Russia.
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IIM-B alumna starts marketing agency to support startup needs
Inshorts
·
2m ago
Medial
In April 2019, IIM-B alumna Tamanna Gupta launched Umanshi, a Mumbai-based marketing agency aimed at supporting startups and SMEs. After a long corporate stint, she identified the absence of strategic marketing services for growing ventures with limited resources. Tamanna’s team provides full-stack services including branding, PR, and digital, helping founders solve their key business challenges.
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Unicorn sightings become rare as VCs shun that leap of faith
Economic Times
·
1y ago
Medial
Early-stage startups are struggling to attract "leap of faith capital" as investors focus on late-stage companies. While early-stage deals are happening, big investors like SoftBank and Tiger Global are more inclined towards established startups and potential IPOs. Only two startups have become unicorns this year, compared to the previous year's total of two. The investment process for new firms is still lengthy, and funding is primarily limited to fast-growing and profitable companies. However, there is optimism that ventures fixing their economics will be able to raise significant capital in the future.
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Tech professors turn startup founders, VCs take note - The Economic Times
Economic Times
·
1m ago
Medial
Indian research institutions are increasingly seeing professors founding startups to translate research into practical impact, aided by supportive incubation centers and changing mindsets towards academic entrepreneurship. Venture capitalists are investing in these startups, recognizing their potential for deep tech innovation. The trend is growing across institutions like IITs, IISc, with successful ventures like Ather Energy inspiring more academics to pursue entrepreneurship, driven by the desire to apply their extensive domain knowledge and experience practically.
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Oman investor comes onboard for Singapore VC Golden Gate Ventures’ debut MENA fund
VCCircle
·
5m ago
Medial
Golden Gate Ventures, a Singapore-based venture capital firm, has expanded to the Middle East and North Africa (MENA) region with a new $100-million fund. Oman’s sovereign investor has joined as a limited partner. The fund, headquartered in Doha, marks Golden Gate Ventures' first international VC initiative aimed at supporting early-stage startups in the MENA region. The collaboration underscores the growing investment interest in the vibrant MENA startup ecosystem.
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Zendesk launches global venture fund to back AI startups
YourStory
·
1y ago
Medial
Zendesk, a customer service SaaS firm, has launched Zendesk Ventures, a global venture fund aimed at supporting early-stage AI-first startups focused on improving customer and employee experiences. In addition to providing funding, Zendesk Ventures also offers expertise in customer experience (CX) and artificial intelligence (AI) and seeks strategic partnerships to accelerate growth for startups in the sector. The company has already invested in PolyAI, a developer of advanced conversational voice assistants, and unitQ, an AI-powered customer feedback platform. Zendesk aims to empower AI startups in India through its venture fund as part of the growing AI startup ecosystem in the country.
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Singapore VC firm Golden Gate Ventures rolls out $100-mn MENA fund
VCCircle
·
1y ago
Medial
Singapore-based venture capital firm, Golden Gate Ventures, has introduced a $100 million investment fund aimed at the Middle East and North Africa (MENA) region. The firm, which already manages assets worth $250 million across three continents, has secured $20 million in commitments for the MENA fund. The new fund will focus on supporting early-stage startups in the rapidly growing MENA market.
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What VCs Look for When Investing In Agricultural Startups
Inc42
·
11m ago
Medial
Agritech startups are using IoT, AI, and data analytics to revolutionize agriculture. Venture capitalists are investing in startups that use advanced technologies to improve agricultural operations. Investors are looking for ventures that combine technology with a positive social and environmental impact.
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Inflection Point Ventures joins agritech company’s funding round
VCCircle
·
5m ago
Medial
Inflection Point Ventures, a leading angel investment platform based in Gurugram, has invested over Rs 600 crore in more than 175 startups. It is now participating in a funding round for a Chennai-based agritech company. Known for backing companies like BluSmart and Otipy, Inflection Point Ventures continues to expand its investment portfolio, supporting innovative startups in various sectors.
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VCs fire up wealthtech investments as stock market surge ignites HNI boom
Economic Times
·
11m ago
Medial
Indian wealthtech startups are receiving substantial investments as the country's stock markets expand and wealth generation increases. Market intelligence platform Tracxn reports that investors have poured around $228 million into Indian wealthtech startups in the past two years, with $70 million invested so far in 2024. The sector is attractive due to the growing number of high net-worth individuals (HNIs) in India. Wealthtech firms utilize data analytics and technology to offer personalized investment strategies at a lower cost compared to traditional wealth management services. Two types of wealthtech startups are emerging: those focused on premium wealth management and those building fixed income products and platforms for alternative asset classes.
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