Stellaris Ventures News Today

Sauce.VC is looking to invest in 15-16 early-stage companies through the third fund.

Bringing you the latest updates on funding deals and activities in the Asia Pacific.

Jyoti CNC Automation IPO: In the anchor round, leading funds including Goldman Sachs, Nomura HSBC, Edelweiss, Axis MF, Kota MF, Nippon MF, Canara Robeco MF, Invesco India among others participated.

While the pace of investments has continued to slow down this year, an improvement on the exits front, has provided much needed cheer to startup investors

Mamaearth IPO: During Mamaearth’s pre-IPO conference, commenting on the reduction in IPO size, one of the bankers clarified that the management team believes that at this point in time, the stated primary funding would be sufficient to support the company’s growth. He highlighted that the move reinstates the startup’s capital-efficient business model.

The company plans to issue fresh shares worth Rs 365 crore along with an offer-for-sale (OFS) of 41.25 million shares. This is lower than the initially planned Rs 400 crore fresh issue and an OFS component of 46.82 million shares.

Bangalore (Karnataka) [India], April 25 (ANI/NewsVoir): Propelld, India's leading education financing platform, is pleased to announce the launch of the second phase of its scholarship program. This program aims to support students enrolling for a postgraduate study in MBA, PGDM, MSc, or M.Tech courses at any university in India for the academic year 2023-24. The scholarship program is structured to provide financial aid and low-interest EMI options and counseling services to help them achie...

Bangalore (Karnataka) [India], March 31 (ANI/NewsVoir): Propelld, a Bangalore-based FinTech startup specialising in education lending, had announced a scholarship pool worth up to 1Cr

With this partnership, startups from various emerging sectors will be participating in the Meta’s initiative.

Mark Zuckerbergs Meta (formerly Facebook) on Wednesday announced a partnership with VC fund Kalaari Capital...