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Sula backer Verlinvest's India strategy for early-stage investment arm

Family-backed investor Verlinvest, which generally backs companies in the growth stage, is now looking to invest in Indian startups through its early-stage investing arm, V3 Ventures. V3 Ventures aims to invest 30% of its โ‚ฌ100 million fund (around $32 million) in about 10 Indian startups, a top official told VCCircle.ย  While Verlinvest ......
Arjun Vaidya While Verlinvest V3 Ventures Venture Capital Byju S Kuku Fm

Crossmark Global Holdings Inc. Lowers Stock Holdings in ArcelorMittal S.A. (NYSE:MT)

Crossmark Global Holdings Inc. lowered its stake in ArcelorMittal S.A. (NYSE:MT – Get Rating) by 23.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 25,015 shares of the basic materials company’s stock after selling 7,856 shares during the period. Crossmark Global […]
United States Crossmark Global Holdings Inc Jpmorgan Chase Co American Century Companies Inc Us Bancorp Financial Services Group Inc

Check out India's top cash-guzzling startups

Indiaโ€™s top technology startups spent billions of dollars raised from alternative investment firms in the year through March 2022 in their quest for rapid expansion, with food and grocery delivery companies as well as fintech and edtech startups among those burning the most money, according to a VCCircle study.ย  The study ......
Alvika Maloo

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Early-stage startups Prozeal Infra, Zyod, others raise funding

Software-as-a-service (SaaS) startup Spendflo, health monitoring platform Dozee,solar infrastructure company Prozeal Infra, apparel sourcing and manufacturing startup Zyod, API development platform Dozer, content marketplace Narrato, legaltech startup Lawyered and edtech firm ixamBee have secured early-stage funding, the companies said. Spendflo ย  SaaS startup Spendflo has raised $11 million (Rs 90.4 crore) in ......
Prozeal Infra Airtree Ventures Prozeal Infra Alchemie Ventures Sequoia Capital India Inflection Point Ventures

How Indian EV firms are improving their financial health as demand soars

India's top electric two-wheeler makers managed to improve their financial health in the fiscal year ended 31 March 2022 even as revenue jumped thanks to booming demand, a VCCircle analysis shows. Sales of electric two-wheelers have jumped in India over the past couple of years, driven by growing consumer preference for ......
Ather Energy Hero Electric Ampere Ev Okinawa Scooters Pure Ev Ola Electric

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