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VCGuy

Stealth • 2m

Wealth management startups in India seem to be gaining significant traction. In the past few weeks - - Dezerv raised $32 M from Premji Invest, now valued at $210 M - StableMoney closed a $14.7 M Series A - Infynite Club secured $2.6 M from Elevation Cap. - Neo raised $48 M in a Series B Soon to happen ->Centricity is reportedly eyeing $15 M from Lightspeed. 🎯All are start-ups with a common focus: Capitalizing on India's growing affluent demographic 📈There's plenty of room for growth too - - Ratio of mutual fund AUM-to-GDP is at 15% versus a global average of 75% - Population of Indians with $10,000+ income to reach 100 million by 2027 (as per GS report) - Young and tech savvy Investor segment ⏩Dezerv’s co-founder Sandeep Jethwani projects India’s wealth creators will add nearly $1.2 trillion over the next five years.

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VCGuy

Stealth • 3m

Building SaaS from India for the world - Rocketlane raises a $24 M Series B. ➡️Total Funding: $45 M (Seed at $3 M, Series A at $18 M) ⏫Lead investors: 8VC, Matrix Partners and Nexus VP. In recent years, many Indian startups are building SaaS compan

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Today a Bengaluru-based agriculture robotics startup Niqo Robotics has raised $13 million in a Series B funding round led by Brida Innovation Ventures.

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Stealth • 2m

Google's $23 B offer for Wiz may reignite interest in deals and exits for cybersecurity start-ups. Wiz's $23 B offer from Google is ~2x the valuation of their Series E and 46x their ARR. Series E in May 24 : $1 B raised at $12 B valuation ⏩Invest

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Anonymous

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Stealth • 2m

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Harsh Dwivedi

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1. 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. 2. Matel, an e-mobility startup, raised $4 million in a Series A funding round. 3. InstaAstro, a s

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• Today's Topic Is : Stages Of Funding Rounds • Before discussing the funding rounds, let's understand why funding is necessary : • Funding is necessary to start any company or to build MVP or Testing the Products. •Types of Funding Rounds: 1.

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Stealth • 29d

I never thought sustainable jet fuel would be within reach so soon. Twelve, a carbon emissions company in the US, announced a $645 M Series C today. ⏭️Investors include: Capricorn Inv. Group, Pulse Fund, TPG ✈️Twelve seems to have built insane te

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