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News on Medial
Together Fund launches venture building programme to double down on AI-first founders
Economic Times
·
6m ago
Medial
Together Fund, co-founded by Girish Mathrubootham and Manav Garg, has introduced Together AI Studio, a program aimed at supporting AI-centric startups. The initiative offers up to $1 million in funding and a 12-week structured program including a US immersion. It targets AI-driven solutions in various sectors like healthcare, security, and frontier areas. This aligns with their plan to invest significantly in AI, expecting to close a $150-million fund supporting 19-20 startups in this space.
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Peak XV launches Spark 03 fellowship for female founders
Inshorts
·
1y ago
Medial
Spark, Peak XV's fellowship for female founders, has launched its latest cohort with 16 female founders from 14 companies. Four are building AI solutions in travel, fraud detection, wholesale trade, and ecommerce. Another four are focused on healthcare, and the rest are building SaaS, B2B, and consumer businesses. It is a four-month-long programme that includes a $100,000 equity-free grant.
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Freshworks founder Girish Mathrubootham launches Together AI Studio
YourStory
·
6m ago
Medial
Freshworks founder Girish Mathrubootham’s Together Fund has launched Together AI Studio to support AI-first founders from idea to scalability. Beginning April 15, 2025, the 12-week program will involve 11 weeks in Bengaluru and a 1-week U.S. immersion. It offers up to $1 million in flexible funding, mentorship from AI leaders, and workspace in Bengaluru. Focus areas include AI applications in sectors like healthcare, security, automation, and more, with industry-leading support and resources.
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Operator-led VC firm Together Fund launches of Together AI Studio to assist AI startups
IndianStartupNews
·
1y ago
Medial
India's operator-led venture capital firm, Together Fund, has launched Together AI Studio to support startups in leveraging artificial intelligence (AI) for market capitalization. The firm aims to position India as a leader in the global AI revolution and will provide comprehensive support to AI startups from ideation to growth. The portfolio already includes investments in AI-native companies like Workhack and Composioan. Together Fund plans to invest between $500,000 and $5 million in businesses at various stages.
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Peak XV launches third edition of fellowship programme with 16 women founders
Livemint
·
1y ago
Medial
Venture capital firm Peak XV, formerly known as Sequoia Capital, has launched the third edition of its fellowship programme, Spark, with a cohort of 16 women founders across 14 companies. The four-month programme offers a $100,000 equity-free grant and various perks, including cloud credits and mentorship. The startup founders include those in healthcare, AI solutions, SaaS, and consumer businesses. Peak XV has managed over $9bn in capital across 13 funds, invested in over 400 companies, and has seen 20 IPOs and multiple M&As in its portfolio.
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Peak XV Launches Spark 03 With 16 Female Founders Across 14 Companies
OutlookIndia
·
1y ago
Medial
Peak XV has unveiled Spark, a fellowship programme for female founders featuring 14 companies and 16 female founders. The four-month-long programme offers a $100,000 equity-free grant and aims to support female founders in the early stages of starting up. Participants will receive mentorship, access to a curated community of female founders, and exclusive events, as well as over $1 million worth of perks from other companies. The programme includes companies in various sectors such as AI, healthcare, SaaS, B2B, and consumer businesses.
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Hyderabad Angels Fund launches Rs 150 crore VC fund for tech, AI startups
IndianStartupNews
·
1y ago
Medial
Hyderabad Angels Fund (HAF) has launched its first venture capital fund with a target corpus of Rs 150 crore. This sector-agnostic fund aims to invest in technology and AI-driven startups at the Pre-Series A/Series A stages. HAF is focused on fostering growth and scalability while empowering founders through financial investment and access to experienced Limited Partners (LPs). With an investor base consisting of serial entrepreneurs and business leaders, HAF aims to fuel the growth of innovative businesses in various sectors.
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Kettleborough VC launches fund II with Rs 80 Cr target, closes Rs 35 Cr in first tranche
Entrackr
·
1m ago
Medial
Venture capital firm Kettleborough VC, founded by early-stage investor Nisarg Shah, has launched its second fund with a target corpus of Rs 80 crore and announced a first close at Rs 35 crore. The fund is backed by a mix of family offices and entrepreneurs from India and the US. According to Kettleborough, Fund II will continue to invest in deeply experienced founders at the earliest stages, typically those with over 10 years of domain expertise and a strong execution focus. The firm will write initial cheques of $300,000–$500,000 in about 10 startups, with significant follow-on reserves for high-performing bets. Founded in 2021, Kettleborough VC has built a name as a conviction-led, construct-specific fund. Its Fund I backed 12 startups including Zippmat, InPrime, Finhaat, and Elivaas, nine of which received their first institutional cheque from Kettleborough. These portfolio companies have since raised follow-on rounds from investors like Omnivore, Lightspeed, 3one4, and Bessemer. “We only back founders for whom the startup is a natural outcome of a decade-long journey in their domain. Fund I has validated this thesis with strong portfolio traction and early PMF. Fund II doubles down on this conviction,” said Shah. Kettleborough added that it focuses on “Dhandha-first” businesses, with interest across financial services, commerce infrastructure, and vertical SaaS/AI platforms. Shah has personally backed over 30 startups, with 10 exits and 80 follow-on rounds, including hits like Foxtale, Onebanc, and Homeville.
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Games24x7 launches accelerator programme TechXpedite to promote early-stage startups
YourStory
·
11m 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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All In Capital launches The Elevator Pitch 2.0
Entrackr
·
2m ago
Medial
All In Capital launches The Elevator Pitch 2.0 Early-stage venture capital firm All In Capital has announced the second edition of The Elevator Pitch, a live startup pitch event focused on backing early-stage founders from across India. Elevator Pitch 2.0 is a sector-agnostic, one-minute live pitch event designed to provide visibility, capital access, and investor engagement to early-stage startups that typically fall outside mainstream venture networks. The initiative is specifically focused on founders from tier II and tier III cities and those without traditional startup credentials. In its first edition held in Delhi, the initiative received over 300 applications. Fifteen startups were selected to pitch live, and one company received direct investment. Among the selected startups in Delhi were from Bihar and Jodhpur. Launched by Aditya Singh, All In Capital builds a discovery and funding platform for underrepresented and high-potential founders at the earliest stages of company building. According to All In Capital, applicants can submit through a public application process. From there, 15 startups will be shortlisted based on founding team strength, product clarity, and early indicators of market potential. Selected startups will receive professional support to produce a one-minute pitch video, which will be evaluated by its team and presented during the live event. The final selected startups will receive investment and ongoing strategic support. All In Capital has committed a Rs 5 crore investment corpus specifically for startups selected through Elevator Pitch. The firm is also engaging with other investors to expand the initiative's reach and impact. The upcoming edition, scheduled for the end of July in Bengaluru, invites applications from founders currently raising capital at valuations under Rs 50 crore. The application deadline is July 10, 2025. All In Capital is currently deploying its second fund, continuing the momentum of its debut fund, which has backed over 50 startups across sectors such as fintech, SaaS, consumer, AI, healthcare, and deeptech, including Newme, Salty, Magma, and Piersight. The firm recently completed the first close of its second fund at Rs 85 crore.
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Antler expands India portfolio with 30 startups in 2024
YourStory
·
9m ago
Medial
Global venture capital firm, Antler, has announced investments in 30 Indian startups in 2024, as part of its $75 million India fund. The firm's portfolio in India now consists of 80 companies across sectors such as AI, fintech, health, and consumer technology. Antler recognized the exceptional talent emerging from India, with founders leveraging AI and other emerging technologies to address global challenges. The firm's Residency programme, which allows founders to validate ideas and build strong teams, played a crucial role in selecting and nurturing these startups.
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