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TDF onboards five venture capital firms as investor partners for its accelerator programme
Economic Times
·
1y ago
Medial
TDF has announced that it has brought on board five venture capital firms as investor partners for its accelerator programme. These firms will contribute funding and expertise to support startups in TDF's accelerator. The partnership will provide startups with access to capital, mentorship, and networking opportunities to help them scale and succeed in the technology sector.
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GVFL partners with Brinc to launch multi-stage startup accelerator
Inc42
·
1y ago
Medial
Ahmedabad-based venture capital firm GVFL has collaborated with global venture accelerator Brinc to launch the A4X accelerator programme. The programme aims to support early-stage startups operating in consumer, industry and enterprise, emerging tech, and sustainability sectors. Selected startups will receive an initial infusion ranging from INR 1.5 Cr to INR 2 Cr, along with access to resources, mentorship, investor connections, and industry networking opportunities. Brinc, based in Hong Kong, operates 18 accelerator programs across seven countries and focuses on startups working on emerging technologies within a sustainability mandate.
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Venture Catalysts' accelerator platform 9Unicorns onboards new partner
VCCircle
·
1y ago
Medial
Venture Catalysts' accelerator platform, 9Unicorns, has appointed investor Vinod Keni as a partner. Keni will be responsible for developing the portfolio of 9Unicorns' first fund and creating a fundraising and LP network. With three decades of experience in investment advisory services, angel investing, and venture capital, Keni brings valuable expertise to the team. His previous investments include AgniKul Cosmos, ActivityHero, and SureWaves MediaTech. 9Unicorns recently closed its maiden fund with $100 million and invests in startups across various sectors. Keni's appointment will support the platform's expansion in the USA market.
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Games24x7 launches accelerator programme TechXpedite to promote early-stage startups
YourStory
·
9m ago
Medial
- Real money gaming firm Games24x7 has launched TechXpedite, an accelerator programme focused on AI, gaming, and assistive technology. - The programme will run for five months and aims to empower early-stage startups in these sectors. - Games24x7 plans to select and announce a cohort of 10-15 startups in November 2024, followed by a structured mentorship programme in December and January. - The accelerator will provide startups with mentorship, masterclasses, networking opportunities, and potential investments. - Last year, Games24x7 selected 15 startups across four focus areas and seven of them pitched to investors like Prime Venture Partners and Sony Innovation Fund. - TechXpedite will have city-based chapters across India to provide localized access to mentorship and networking opportunities.
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Abu Dhabi's Shorooq onboards new Korean investor as limited partner
VCCircle
·
7m ago
Medial
Abu Dhabi investment firm Shorooq Partners has secured a new South Korean investor as a limited partner for its investment vehicles. Backed by UAE's Mubadala and Korean Venture Investment Corporation, Shorooq Partners aims to strengthen its position in the market with this new partnership.
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Equirus onboards new venture partner for maiden VC fund
VCCircle
·
1y ago
Medial
Equirus Capital has appointed Krishna Jha, founder of ITFinity and angel investor, as a venture partner for its InnovateX Fund. The fund, with a total capital of $25m, seeks to make strategic investments across sectors such as SaaS, fintech, and deeptech. Jha will play a key role in expanding Equirus' presence in the venture capital and wealth management sectors, and will be responsible for driving the growth of the fund's portfolio. This appointment comes two months after Equirus received approval from SEBI to launch its maiden venture capital fund.
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Gulf VC MEVP onboards Saudi LP for $150 mn Fund IV
VCCircle
·
7m ago
Medial
Middle East Venture Partners (MEVP) has announced that it has successfully secured the backing of a Saudi state-owned investor to raise $150 million for its fourth investment vehicle. MEVP is a venture capital firm that focuses on supporting tech startups in the Gulf region. With assets under management exceeding $300 million, this new partnership will further enhance MEVP's ability to support early and growth-stage tech startups.
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Venture Catalyst's accelerator platform 9Unicorns sees exit at partner level
VCCircle
·
1y ago
Medial
Startup accelerator platform 9Unicorns, established by Venture Catalysts, has experienced the exit of one of its partners from its $100 million venture capital fund, according to sources. 9Unicorns has invested in notable startups such as Shiprocket and BluSmart in the logistics and transportation sectors.
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MEVP onboards another Saudi limited partner for fourth fund
VCCircle
·
2m ago
Medial
Middle East Venture Partners (MEVP), a Dubai-based venture capital firm, has added another Saudi state-owned entity as a limited partner to its fourth fund. This addition is significant as MEVP, which focuses on early and growth-stage tech startups, aims to raise $150 million for its latest fund. With assets under management exceeding $300 million, MEVP continues to strengthen its ties in the Gulf region, enhancing its investment capabilities and regional partnerships.
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How Accel’s Accelerator Programme Aims To Empower Industry 5.0 Startups In India & SEA
Inc42
·
1y ago
Medial
Venture capital firm Accel is inviting applications for its accelerator programme, Accel Atoms, to support early-stage startups building solutions for Industry 5.0 in India and Southeast Asia. The six-month programme will offer mentorship, a tailored curriculum, and access to a curated community of founders, industry specialists, and tech experts. Startups will have the opportunity to pitch for up to $500K in funding from Accel upon completion of the programme. The focus areas include workforce effectiveness, digitizing and automating factories, and manufacturing efficiency through asset monitoring and intelligent maintenance solutions.
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PE firms mull buying stake in Apex Hospitals as existing backer seeks exit
VCCircle
·
10m ago
Medial
Rajasthan-based Apex Hospitals Pvt. Ltd is being considered for a stake purchase by various private equity firms, as Somerset Indus Capital Partners seeks to exit its investment. The healthcare-focused PE firms are evaluating the potential investment opportunity in the five-year-old Apex Hospitals.
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