🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

Startup Showcase

Premium Content

Try our Valuation Calculator →

News on Medial

Exclusive: Green Frontier Capital Exits Battery Smart With About 18X Returns

Inc42 · 1y ago

Exclusive: Green Frontier Capital Exits Battery Smart With About 18X Returns

Green Frontier has exited Battery Smart's Series B funding round, which raised $65 million and was led by LeapFrog Investments. The decision to exit was due to Battery Smart's rapid growth, which has outgrown the fund's mandate. Previously, Orios Venture Partners also announced a partial exit from Battery Smart with significant returns following the funding round.

1

Related News

Exclusive: Battery Smart To Raise $45 Mn From Acacia, MUFG, Existing Investors

Inc42 · 1y ago

Exclusive: Battery Smart To Raise $45 Mn From Acacia, MUFG, Existing Investors

Delhi-based battery-swapping startup Battery Smart is set to raise around INR 376.3 crore (approximately $45 million) in a Series B funding round. Both existing and new investors, including Acacia Inclusion Ltd, MUFG Bank, and Panasonic-Kurashi Fund, will participate in the investment. Following the funding, Battery Smart is valued at approximately $350 million. The capital raised will be used for business growth and expansion. Battery Smart offers battery swapping solutions and charging infrastructure in Delhi NCR and competes with other players such as Chargeup and Sun Mobility in the battery swapping space.

BluSmart backer Green Frontier Capital launches maiden VC fund

VCCircle

VCCircle · 9m ago

BluSmart backer Green Frontier Capital launches maiden VC fund

Green Frontier Capital, a climate-focused venture capital firm, has launched its first SEBI-approved alternative investment fund. The Green Frontier Capital India Climate Opportunities Fund aims to raise Rs 1,500 crore and will invest in Indian companies that are working on transformative climate technologies. The fund will focus on digitisation, decarbonisation, and disruption, targeting sectors such as Internet of Things, AI, emissions reduction, and sustainable food systems. Green Frontier Capital aims to support companies that can become leaders in their categories while aligning with India's sustainable growth goals.

Orios Venture Partners Partially Exits Battery Smart With 29X Returns

Inc42 · 1y ago

Orios Venture Partners Partially Exits Battery Smart With 29X Returns

Orios Venture Partners has made a partial exit from Battery Smart, a battery technology startup, likely through its Series B funding round of $65 million. This aligns with Orios' strategy of providing its limited partners with a return on their investment within four or five years. The venture capital firm also recently achieved a successful partial exit from Country Delight, generating 45 times returns on its investment.

GFC leads $3 Mn round in EV charging startup ElectricPe

Entrackr

Entrackr · 1y ago

GFC leads $3 Mn round in EV charging startup ElectricPe

Electric vehicle super-app ElectricPe has raised $3 million in pre-Series A round led by Green Frontier Capital along with participation from its existing investors Blume Ventures, Micelio Fund, and NB Ventures. The Bengaluru-based company had previously raised $5 million in pre-Series A round from its existing investors. The fresh funds will be used for growth, innovation initiatives, and expansion to new geographic locations, ElectricPe said in a press release. Co- founded in May 2021 by Avinash Sharma and Raghav Rohila, ElectricPe is a full-stack super – app that allows users to identify, access and pay for EV charging points regardless of their charging type. The platform’s multi-brand stores present prospective buyers with a wide range of E-2 wheelers to choose from while also offering users EV financing, servicing and subscription plans. Recently, ElectricPe collaborated with Google which enables users across India to view the availability and status of charging points in real-time. ElectricPe says that it operates in more than 25,000 public chargers and claims to have captured over 15% of the market share of all personal EV 2-wheeler sales in Bengaluru within 8 months. ElectricPe may directly or indirectly compete with other startups in this space such as e-Amrit, Statiq, PlugShare and others. Green Frontier Capital is an early-stage VC fund and backed some of the prominent startups like Battery Smart, BluSmart Mobility, E-Motorad, Nutrifresh amongst others.

PharmEasy backer Orios Venture returns INR 300 Cr to investors from fund I

Inc42 · 1y ago

PharmEasy backer Orios Venture returns INR 300 Cr to investors from fund I

Early-stage venture capital firm Orios Venture Partners has returned INR 300 Cr from Fund I to investors, including Battery Smart, Karbon, and Mobikwik. The fund focused on marketplaces, D2C, and healthtech sectors. Orios plans to solidify its position with significant returns in 2024 and 2025. The firm is currently investing from its fourth fund and is optimistic about opportunities for startups in India, especially in B2B, SaaS, EVs, climatetech, and hardware. Orios was involved in the troubled car servicing startup, GoMechanic, and saw two former managing partners step down in 2022.

Startup news and updates: Daily roundup (August 19, 2024)

YourStory

YourStory · 1y ago

Startup news and updates: Daily roundup (August 19, 2024)

Favcy, a venture-building platform, has raised Rs 1.8 crore in funding for its Build to Sell (BTS) program, which creates startups with the intention of facilitating quick exits. By strategically designing and building startups for acquisition within a 36-48 month timeframe, Favcy aims to provide faster returns for investors and successful exits for founders. In other news, Indian cricket star Rohit Sharma has partnered with fitness platform Fittr and helped launch the Fittr Hart ring, a smart ring that tracks various health metrics.

Venture firm 3one4 Capital returns entire first fund capital to sponsors

Economic Times

Economic Times · 5m ago

Venture firm 3one4 Capital returns entire first fund capital to sponsors

Early-stage venture firm 3one4 Capital, founded by Pranav and Siddarth Pai, has successfully returned the capital of its first fund to sponsors while maintaining potential for substantial additional returns. The 2016 fund backed notable startups like Darwinbox and Licious. 3one4 Capital has achieved six mergers and acquisitions exits, with more profitable exits in progress. The firm’s growing fund sizes and improved performance reflect India’s evolving venture capital landscape, marked by an increase in unicorns and new IPO opportunities.

Peepul Capital, Ventureast missing the mark in exit from legacy bets

VCCircle

VCCircle · 4m ago

Peepul Capital, Ventureast missing the mark in exit from legacy bets

Peepul Capital and Ventureast, investment firms, are exiting a company they backed over a decade ago, achieving over two-fold gains but with weak annualized returns due to long holding periods. The firms' investment strategy involved a lengthy commitment, impacting the overall annual performance despite solid returns. Such exits highlight challenges private equity and venture capital firms face in balancing long-term holding strategies with market performance goals.

WestBridge’s PE exit score for the year crosses $1.1 billion mark

VCCircle

VCCircle · 11m ago

WestBridge’s PE exit score for the year crosses $1.1 billion mark

Private equity firm WestBridge Capital has achieved a milestone by crossing the $1.1 billion mark in exits for the year. With a focus on unlisted companies and private investments in public equities, WestBridge Capital's total harvest from partial and final exits in portfolio companies has reached over Rs 9,200 crore. This fourth exit of the year highlights the firm's successful track record in maximizing returns on investments.

Inflection Point beats benchmark in exit from nearly half-a-decade old bet

VCCircle

VCCircle · 1y ago

Inflection Point beats benchmark in exit from nearly half-a-decade old bet

Venture capital firm Inflection Point Ventures (IPV) has achieved impressive returns with its full exit from Fashor, an ethnic wear brand. IPV reported an internal rate of return (IRR) of 33% and a money over money (MoM) multiple of 3.75x from its investment in the omnichannel retail company. The firm claims to have made 12 successful exits in 2022, with an IRR of 160%, and completed 14 exits in 2023 with a 61% IRR. To date, IPV has made 45 exits with an average IRR of 128% and evaluates thousands of startups annually.

Trackers

Active Indian VC’s

OG Capital Email

With a hands-on approach, OG Capital aims to invest in over 20 promising...

Accel Partners Email

Early and growth-stage investments in disruptive technology companies with...

Early-stage venture capital firm investing in technology startups in India. Focus on...

Access All Trackers

Startup Showcase Winners

June 2025

Helping your parents when you are miles away

The Pit Stop Your Cravings Deserve

The next generation E-commerce platform

Enter Ongoing Startup Showcase

Top Users

Trending News on Medial

Download the medial app to read full posts, comements and news.