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VCGuy

Stealth • 6m

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.

0 replies10 likes

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VCGuy

Stealth • 6m

A space that seems to have sparked investor interest is: Travel Luggage 🧳Lately, we've seen significant activity in this space - Feb 24: Mokobara raised $12 M from Peak XV Mar 24: Safari Industries raised $27 M from Lighthouse India Focused Fund Ma

0 replies6 likes

VCGuy

Stealth • 1m

Accel closed its 8th India fund with a $ 650 M corpus. Since entering India in 2008, Accel has been a key investor in some of the most influential startups. 📄A few early investments of Accel that have become behemoths today - - Myntra: Seed inv. i

6 replies22 likes

VCGuy

Stealth • 7m

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

0 replies8 likes

The next billionaire

Stealth • 1m

quick math on minimalist outcome: - raised $2M seed from peak (assuming 20 - 25% dilution) - raised $15M series a from peak + unilever ventures at a $76M val. - in talks to be acquired by HUL for $350M - founders to make $217M - seed investors get $6

0 replies10 likes

Harsh Dwivedi
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Medial • 9m

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

5 replies31 likes

VCGuy

Stealth • 5m

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

1 replies16 likes

Harsh Dwivedi
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Medial • 1m

Top News of the Day: 1. OpenAI's ChatGPT has introduced a new "tasks" feature, allowing paying users to schedule reminders and set recurring requests. 2. An independent developer is creating "Flashes," a photo-sharing app for Bluesky, built with th

8 replies33 likes

Harsh Dwivedi
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Medial • 4m

Top News of the Day: 1. OpenAI has raised $6.6 billion in funding, with investors valuing the company at $157 billion. 2. Tata Electronics to partially resume work at fire-hit iPhone component plant 3. Ola Electric’s Secretary and Compliance Offic

1 replies48 likes

Harsh Dwivedi
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Medial • 10m

Top News Of the Day: 1. Hair care products company Traya has secured Rs 75 crore (around $13Mn) in funding from Xponentia Capital. 2. Bengaluru-based spacetech startup, SatSure, has raised an undisclosed amount in a Series A funding round co-led by

3 replies46 likes

Harsh Dwivedi
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Medial • 1y

Top news of the day- 1. Pure EV raised Rs 64 Cr ($8M). 2. Hyuga Life raised Rs. 50 Cr ($6.3M). 3. Basil raised Rs. 6 Cr. ($602K). 4. Beyoung raised an undisclosed amount. 5. Paytm jumped 5% to touch upper circuit. 6. Byju’s rights issue gets $300M

2 replies25 likes