🚀 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

Nexus Venture, Gruhas invest early-stage funds in two startups

VCCircle

VCCircle · 1y ago

Nexus Venture, Gruhas invest early-stage funds in two startups

Specialty coffee chain abCoffee and innerwear brand Bummer have secured early-stage funding from Nexus Venture Partners and Gruhas Collective Consumer Fund, respectively. abCoffee raised $3.4 million in a Series A funding round, which will be used to enhance its supply chain and technology. Bummer raised $1.1 million in a pre-Series A funding round, which will aid its expansion into tier II and III cities and hiring talent. AbCoffee offers affordable brewed coffees sourced from Chikkamagaluru farms, while Bummer specializes in eco-conscious innerwear made from micromodal fiber.

Related News

Gruhas Collective Fund has Rs 150 crore for consumer startups

Economic Times

Economic Times · 1y ago

Gruhas Collective Fund has Rs 150 crore for consumer startups

Gruhas Collective Fund, a Mumbai-based early-stage venture capital firm, has raised INR 150 crore ($21 million) to invest in consumer startups in India. The fund aims to support startups across sectors, including FMCG, consumer tech, health and wellness, and home improvement. Gruhas Collective Fund plans to invest in 12-15 startups with ticket sizes ranging from INR 3-5 crore ($420,000-$700,000). The firm has already invested in startups like Bulbul, a video shopping app, and Zappfresh, an online meat brand.

Nexus MD Sameer Brij Verma quits to open multi-stage fund

Economic Times

Economic Times · 1y ago

Nexus MD Sameer Brij Verma quits to open multi-stage fund

Sameer Brij Verma, managing director at Nexus Venture Partners, is reportedly leaving the firm to start his own investment fund. He plans to launch a multi-sector, multi-stage fund that will invest in public markets and early-stage startups. Verma's focus during his tenure at Nexus has been on consumer tech, enterprise, SaaS, healthcare, and B2B commerce verticals. His new venture aims to hire executives who will work closely with portfolio firms to prepare them for IPOs. Verma is expected to start marketing his fund later this year and aims to raise a fund size of around $150-200 million.

General Catalyst Merges With Venture Highway To Expand India Play

Inc42 · 1y ago

General Catalyst Merges With Venture Highway To Expand India Play

Silicon Valley-based venture capital firm General Catalyst has acquired Venture Highway, an early-stage investor based in New Delhi. The new entity, General Catalyst India, plans to invest $500 million to $1 billion in early- and growth-stage investments in India. General Catalyst has previously backed companies like Canva and Airbnb. Venture Highway, founded in 2014 by former WhatsApp executive Neeraj Arora, has investments in startups such as Meesho and Moglix. The acquisition comes as several VC firms raise significant funds to invest in India's growing economy.

Nazara Invests INR 4.74 Cr In Global Gaming VC Funds

Inc42 · 2m ago

Nazara Invests INR 4.74 Cr In Global Gaming VC Funds

Nazara Technologies has invested INR 4.74 crore in two international gaming venture capital funds, Play Venture Fund III and F4 Venture Fund I, focusing on early-stage gaming startups. The investment positions Nazara as a limited partner in these funds. This move follows a recent announcement that Nazara's subsidiary, Nodwin Gaming, has extended its timeline to acquire a significant stake in esports content platform AFK Gaming.

Dubai’s NB Ventures floating VC fund with India partner after making LP, direct bets

VCCircle

VCCircle · 1y ago

Dubai’s NB Ventures floating VC fund with India partner after making LP, direct bets

Dubai-based venture capital firm NB Ventures is planning to launch a new fund in early 2024 to invest in Indian companies. The fund will focus on making direct investments in growth-stage startups as well as investing in other VC funds. NB Ventures has already made limited partner investments and direct bets in various companies.

Saudi VC SEEDRA onboards sovereign investor as LP for second fund

VCCircle

VCCircle · 9m ago

Saudi VC SEEDRA onboards sovereign investor as LP for second fund

Saudi venture capital firm SEEDRA Ventures has partnered with the Saudi Arabia Public Investment Fund-owned Jada Fund-of-Funds for its second fund. SEEDRA Ventures supports early-stage companies and currently manages a portfolio of 26 startups. This collaboration will provide SEEDRA Ventures with further financial backing and enhance its ability to nurture and invest in promising startups in Saudi Arabia and beyond.

Venture Capital vs Angel Investment: Which is right for you?

Internet

Internet · 1y ago

Venture Capital vs Angel Investment: Which is right for you?

Venture capitalists (VCs) pool funds from third parties to invest in growing businesses with proven scalability, offering larger investments but taking significant equity and control. Angel investors are wealthy individuals investing their own money in early-stage startups, providing smaller amounts with less control. An alternative is revenue-based financing, which offers fast, non-dilutive capital to businesses.

Blume backs EaseMyTrip co-founder's fintech platform; Nexus bets on gaming startup

VCCircle

VCCircle · 1y ago

Blume backs EaseMyTrip co-founder's fintech platform; Nexus bets on gaming startup

Fintech startup Optimo Loan and gaming studio Liquidnitro Games have announced early-stage funding. Optimo Loan has secured $10 million in a seed funding round led by Blume Ventures and Omnivore, with additional investment from founder Prashant Pitti. The startup plans to use the funds to expand operations, improve its technology stack, recruit new talent, and establish a presence in rural India. Meanwhile, Liquidnitro Games raised $5.25 million in a seed funding round led by Nexus Venture Partners. The funds will be used to develop the studio and invest in artificial intelligence and technology to enhance production capabilities.

Impact investor Ankur Capital expects first close of its third fund by December 2023

IndianStartupNews

IndianStartupNews · 1y ago

Impact investor Ankur Capital expects first close of its third fund by December 2023

Ankur Capital, an early-stage venture capital firm, is set to initiate the first close of its third fund in December 2023. The firm plans to invest in two to three startups this financial year using the resources from the new fund. The third fund will be used to invest in approximately 25 startups, with investments ranging between $1-2 million. Ankur Capital focuses on science-driven startups that address real-world problems. The firm currently has 22 startups in its portfolio and aims to support entrepreneurs in creating new categories of innovation.

Sameer Brij Verma’s solo fund Northpoint raises $150 million - The Economic Times

Economic Times

Economic Times · 1m ago

Sameer Brij Verma’s solo fund Northpoint raises $150 million - The Economic Times

Sameer Brij Verma, formerly of Nexus Venture Partners, has launched Northpoint Capital, a solo general partner fund with $150 million raised. The fund aims to support 15-20 early-stage startups with investments ranging from $1 million to $8 million. Northpoint Capital, attracting international and domestic investors, will focus on startups in sectors like technology and AI. Despite cautious deployment, it adds to the growing pool of venture capital available for new investments.

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

Just Months After Promotion, Open ...

Microsoft locks down a building a ...

Gaming Ban Stumps Cricket: Virat ...

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