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[Funding Galore] Over $563 Mn Raised By Indian Startups This Week

In the first week of February, the Indian startup ecosystem raised $563 Mn across 32 deals and reported 4 merger and acquisitions

Impact investment fundIndian institute of management udaipurLavelle networksSequoia capitalCr for the fund of fundsSmall industries development bankTiger globalInsight partnersSteadview capitalEcom expressBook running lead managerOnline shoppingIndia runningManagement udaipur

Govt To Create Equity Fund For Startups, Managed By Pvt Fund Managers

The govt would create a new equity fund for startups with limited stake to provide more capital support to entrepreneurs, the MoS IT said.

Nirmala sitharamanNarendra modiRajeev chandrasekharStartup india seed fund schemeDepartment for promotion of industryConfederation of indian industryCr for the fund of fundsKbcols sciencesUnion budgetIndian industryFinance minister nirmala sitharamanFinance ministerPrime minister narendra modiStartup indiaInternal trade

Nippon India s Fund Of Funds To Launch Second Vehicle Of $250 Mn

Nippon India Digital Innovation Fund will reportedly raise upto $250 Mn for its second vehicle focussed at early stage Indian VC firms.

Andhra pradeshIndia ministry of commerceNippon india digital innovation fundIndia startup initiativeJapan ministry of economyMn for fundCr for the fund of fundsJapan external trade organisationJapan emerging technology innovationSmall industries development bankEndiya partnersSachin bidNippon india alternate investmentsJapan india startupJapan india startup hubIndo japan emerging technology

Govt Allocates INR 283 5 Cr For Startup India Seed Fund

The govt has also allocated INR 1,000 Cr for the Fund of Funds for Startups in the Budget 2022, & INR 283.5 Cr for Startup India seed fund

Department for promotion of industryUnion budgetStartup india seed fund schemeStartup india seed fundCr for the fund of fundsFund of fundsMother centreSmall industries development bankStartup indiaFor startup india seed fundInternal tradeInvestment fundsAarin capital partner

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