Accel, an Indian venture capital entity, has disclosed the selection of eight fledgling startups in India for its latest accelerator initiative, known as ‘Atoms’. Under this program, startups stand to receive funding up to $500,000 alongside access to benefits exceeding $5 million from Accel’s network affiliates.  Moreover, participants will benefit from tailored mentorship and the […]

Netherlands-based investment firm Orient Growth Ventures has successfully closed its second fund, Orient Growth Fund II, amassing $90 million in commitments. This fund is a major increase from its inaugural $25-million fund raised in 2020. The firm has shown an escalating focus on backing early-stage venture capital managers across Southeast Asia and India. With Orient […]

Founders-led investment firm We Founder Circle (WFC) announced on Monday that it has become the largest angel investor network in the country by investing in 103 deals across 82 startups in 2023. This accomplishment adds to WFC’s track record, as the firm has now invested in 207 deals across 162 startups within three years of […]

Singapore’s Jungle Ventures has announced the launch of First Cheque@Jungle, a new program aimed at investing in startups during their pre-seed and seed stages. First Cheque@Jungle is designed as a bespoke program targeting operators and innovators at the idea stage and those seeking support in their pre-seed and seed stages.  The First Cheque program plans to […]

Singapore-based venture capital firm Vertex Ventures Southeast Asia and India (VVSEAI) has successfully concluded its fifth funding round, raising $541 million. The figure represents an 80% increase compared to the amount raised for its previous fund, VVSEAI Fund IV, in 2019. VVSEAI Fund V’s substantial corpus includes a dedicated co-investment envelope of $50 million, which […]

MUFG, also known as Mitsubishi UFJ Financial Group, and its subsidiary Mitsubishi UFJ Innovation Partners Co., Ltd. (MUIP) have jointly announced the establishment of the MUFG Innovation Partners No. 3 Investment Partnership, a fund with a capitalization of JPY 20 billion.  MUFG has been actively engaged in various initiatives to meet the financial needs of […]

Venture capital platform Antler has recently unveiled its Antler ONDC, an Open Network for Digital Commerce (ONDC)-focused venture platform in India. This initiative is a collaboration between Antler and notable figures such as Infosys co-founder Nandan Nilekani, FIDE (Beckn Protocol), and ONDC.  Antler ONDC serves as a resource hub and expert network for founders who […]

Surge, Sequoia India & Southeast Asia’s rapid scale-up program, has launched its seventh cohort, featuring 37 accomplished founders across 15 early-stage startups in Southeast Asia and India. Surge 07 founders are leveraging their deep expertise in technology and consumer insights to drive innovation in India, Southeast Asia and the world. This includes founders who are […]