Mumbai (Maharashtra) [India], March 3 (ANI/NewsVoir): Bertelsmann India Investments (BII) has won the prestigious award for Best Fund Performance, Corporate Venture Capital by the apex Industry Body, IVCA. This recognition further strengthens BII's position as the leading growth-stage venture capital fund in the country. In the last year, with new allocation of USD 500 mn by Bertelsmann, BII made investments in various sectors including Health-tech (Orange Health), Future of Work (Awign), new-age BPO (Squadstack), Agri-tech (Bijak), and Enterprise-Tech (Vymo). The IVCA (Indian Private Equity and Venture Capital Association) is the apex body promoting the alternative investment industry in India. IVCA Conclave & Awards is India's largest PE-VC event. The awards are given to companies that have demonstrated outstanding performance in various categories. Bertelsmann India Investments won for their strong Fund Performance in 2022-23. Expressing his delight at winning the award,
Mumbai (Maharashtra) [India], March 2 (ANI/NewsVoir): India's apex industry body for alternative assets, the Indian Venture and Alternate Capital Association (IVCA) honoured the key players and top performers of the PE-VC ecosystem from 2022 in the sixth edition of the IVCA PE-VC Awards, held on the final day (Feb 22) of the 12th IVCA Conclave, India's largest PE-VC event. The Awards Partner for the sixth edition of IVCA PE-VC Awards was Praxis Global Alliance, and the Awards Sponsors were Blume Ventures and TVS Capital Funds. The jury comprised Deepak Bagla (Managing Director and CEO, Invest India), UK Sinha (Former SEBI Chairman), Anita Marangoly George (Founding Partner, Edhina), Cate Ambrose (CEO and Board Member, GPCA), Sanjeev Bikhchandani (Founder, Info Edge India Ltd) and Vivek Pandit (Senior Partner, McKinsey & Company). Commenting on the IVCA Conclave 2023 PE-VC Awards, Deepak Bagla, MD and CEO, Invest India, remarked, "Our Prime Minister propelled the Startu
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ADB signed a $40 million financing package with GreenCell to develop 255 e-buses to serve 5 million people a year on 56 intercity routes in India and enhance the safety of passengers, especially women.