Capital pools have diversified amid the broader tech slowdown with large global, crossover and hedge funds mostly staying away from cutting new cheques. Domestic firms and family offices such as those run by Zerodha cofounder Nikhil Kamath, Manipal Group chairman Ranjan Pai, and Premji Invest have backed startups including Subko, Quorum Club, Kites Seniorcare and The Sleep Company.
As green shoots begin to appear in startup investing after two years of downturn, a shift is underway in how founders and dealmakers look at potential transactions, multiple entrepreneurs, venture capitalists and investment bankers told ET.
Startups witness a shift in investment trends. Domestic investors, family offices, and public market investors like ValueQuest and Singularity Ventures actively back ventures. Investment landscape changes as global funds retreat, and founders turn to investment banks for funding.
Justice Anish Dayal expressed satisfaction that Wow! Momos had made out a prima facie case for grant of ex parte injunction until the next date of hearing.
Kushal s will use the funds to strengthen its brand and increase its retail footprint. The jewellery brand aims to open more than 300 stores in the next three to four years. The funds will also be used to build technology.