Ashok Harwani

IvyCap Ventures Advisors Private Limited, an early-stage startup #capital firm, has declared that the third fund’s final closing was at Rs 2,100 crores. The company intends to invest via this fund in roughly 25 early-stage #firms, with an average initial investment of Rs 30–50 crore. About 50 businesses in industries including health, consumer, deeptech, fintech, edtech, agritech, and spacetech have received #investments from FIvyCap Ventures. Promising start-ups, in addition to funding, could receive invaluable advice and scale-up support within the IvyCap Ventures #ecosystem under the Mentorship Program. Founded in 2011, IvyCap Ventures is one of India’s leading homegrown venture capital funds leveraging IIT and IIM alumni #networks to power the Indian startup ecosystem. Vikram Gupta Ashish Wadhwani Anju Gupta Vishal Gauri To share your startup story write us on - [email protected] #ivycapventures #startup #venturecapital

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Diving deep into 'The Financial Aspects of Investment and Acquisition in Startups' at AIC RAISE! Moderated by Arun Raaj Manickaraj (AVP - AIC RAISE), the discussion featured expert insights from Bobby Achettu, Naveen Krishnamurthy, and CA Gopalakrishna Mahesh (Director - Financial Crest). Their deep insights into finance, investment, and acquisition strategies are a treasure trove for every entrepreneur. Swipe to catch a few glimpses from the event. #SikichIndia #Sikich #AICRAISE #Finance #Investment #Acquisition #PanelDiscussion #StartupEcosystem #ExpertInsights

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The VC landscape has witnessed a significant uptick in secondary exits. Pankaj Naik, Managing Director and Co-head, Digital & Technology Investment Banking, Avendus Capital, gave us some perspective on this trend in conversation with NISHA PODDAR on CNBC-TV18’s Big Deal. Here are some key highlights along with a snapshot of some notable Avendus-led secondary transactions over the last few years 👇   Watch the panel discussion: https://bit.ly/4cyF4JH #PrivateSecondaries #SecondaryMarkets #Exits #VentureCapital #InvestmentBanking #Digital #Technology 

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#FundingNews updates!!! Concentric AI has secured $45 Mn in Series B funding, with the round led by Top Tier Capital Partners and HarbourVest Partners. This investment round also saw participation from existing investors Ballistic Ventures, Engineering Capital, Clear Ventures, and Citi Ventures. Founded by Karthik Krishnan, Concentric AI, a #SaaS solution for data security and access governance, using deep learning to discover, classify, and secure sensitive data while addressing risks. udaan.com has raised Rs 300 Crore through a new round of debt financing from top-tier investors, including Lighthouse Canton, Stride Ventures , InnoVen Capital India , and Trifecta Capital. Founded by Amod Malviya (आमोद मालवीय, ಆಮೋದ ಮಾಲವೀಯ), Vaibhav Gupta, Sujeet Kumar, Udaan serves as a vital eB2B #trade platform catering specifically to the needs of small and medium-sized businesses in India, empowering them with better access to goods and services across the #supplychain. EvoluteIQ secured $20 Mn in a funding round led by Vienna-based Round2 Capital Partners, with participation from Nordea Growth Fund, DCAP Select, and PH Ventures. The company, founded by Sameet Gupte, provides an #AI-powered platform that enables enterprises to streamline #workflows, reduce costs, and scale their #operations efficiently across industries. Melio has raised $150 Mn in Series E funding, led by Fiserv. Founded by Matan Bar, Ilan Atias, and Ziv Paz, Melio's platform integrates cash flow management, accounts receivable, and accounts payable solutions, helping small and medium-sized businesses and their accountants optimize cash flow and save valuable time by automating #payment operations. Reality Defender secured $33 Mn in Series A funding, led by Illuminate Financial. Additional investors include Booz Allen Ventures, IBM Ventures, and others. Existing investors include DCVC, The Partnership Fund for New York City, and Y Combinator. Founded by Ben Colman, Gaurav Bharaj, and Ali Shahriyari, Reality Defender is at the forefront of detecting #deepfakes across a range of media formats, including audio, video, images, and text. Tola has raised $10.2 Mn in seed funding led by Sequoia Capital. Tola, founded by Alen Cvisic and Guillaume Simard, offers a comprehensive solution combining accounts payable, receivable, and #cash flow management with working capital to help businesses save time and money. Zinc secured $25.5 Mn in seed funding led by Nexus Venture Partners. The round also saw participation from Quona Capital, EDBI Pte Ltd, Global Ventures, and Saison Capital. Founded by Prashanth Ranganathan, Zinc aims to help families build 'edu-wealth,' a financial foundation specifically designed to address the rising costs of overseas #education. For more visit- https://www.anzyglobal.com #Funding #Acquisition #VentureCapital #VC #InvestmentNews #VCFunding #AnzyGlobal #Hiring #Entrepreneurship #Startups #TechHiring #Technology #ITRecruitment #RPO #Leadershipsearch #Executivesearch

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B2B sales startup Revrag.ai has secured $600K in pre-seed funding, led by Powerhouse Ventures with notable participation from investors including Viral Bajaria, Kunal Shah (CRED), Deepak Anchala, and Vetri Vellore, among other angel investors. The funds will be used to launch Revrag's AI-BDR product, enhance sales and marketing processes, and explore new markets. Founded in 2022 by Ashutosh Prakash Singh, Neeraj Gupta, and Pankaj Gupta, Revrag aims to revolutionize sales efficiency by automating repetitive tasks that don’t close deals. Their AI-BDR product is set to transform how businesses generate revenue. Based in Bengaluru, Revrag’s AI tools, including its flagship AI agent, Emma, optimize initial client outreach. The AI agent handles large-scale prospecting, smart lead qualification, and meeting scheduling, allowing sales teams to focus on more nuanced aspects of customer interactions. Emma also provides data-driven insights to improve decision-making and adapt to technological changes. Revrag is designed to elevate sales teams by handling repetitive tasks and utilizing AI to identify prospects, craft engaging personalized emails, and solve complex challenges, creating a clearer picture of the sales landscape. #RevragAI #B2BSales #BengaluruStartup #PreSeedFunding #FundingAlert #FundraiserAlert #PowerhouseVentures #VentureCapital #SalesTech #AIinSales #SalesEfficiency #AIProduct #SalesAutomation #Investors #LeadGeneration #SalesInnovation #AIForBusiness #AllBoutCorps

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Venture capitalists and BizDateUp co-founders Jeet Chandan and Meet Jain have acquired an undisclosed stake in IPO-bound foodtech giant Swiggy through an off-market secondary deal. Founded in 2020, BizDateUp allows angel investors to invest in Indian startups with a minimum of INR 1 lakh and recently launched a INR 200 crore fund for technology investments. The firm raised over $10 million from more than 1,000 angel investors in FY24. This move comes as several celebrities, including cricketers Rahul Dravid and Zaheer Khan, tennis player Rohan Bopanna, director Karan Johar, and actor Ashish Chowdhry, have also invested in Swiggy ahead of its IPO. Notably, Amitabh Bachchan and Madhuri Dixit have previously acquired stakes in the company. Read full story here: https://lnkd.in/gM8sEWSZ #foodtech #startups #ipo #swiggy #foodindustry #news #latestnews LinkedIn News India Linkedin News Ashu Agrawal

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💰 Surat-based IVY Growth Associates launches a ₹250 Cr VC fund, Arigato Capital aimed at investing in pre-Series A startups. 🤖 The fund, led by Prateek Toshniwal and team, targets sectors like agritech, cleantech, and generative AI, with an average investment size of $500,000. 🌍 Special focus on building global connections in the Middle East, US, and Europe. First close at ₹100 Cr expected by mid-2025. 🔗 Read more on the link in our comments section 👇

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Founder Thesis with Apoorva Sharma: Unravelling Venture Debt! 🎙️ Join our Managing Partner in this episode as she delves into the nuances of venture debt in India, leveraging her extensive experience. Discover how our approach transcends traditional financing, offering innovative financial support to startups in various growth phases and sectors. Venture debt emerges as a game-changer, offering founder-friendly finance strategies that drive growth and innovation. 💡 Dive into the Indian startup ecosystem’s financial landscape and arm your entrepreneurship journey with advanced financial and growth strategies. 🔊 Listen now on Spotify! https://lnkd.in/gi657iqH 🎙️ Akshay Datt #VentureDebt #StartupFinance #GrowthStrategy #PodcastLaunch #IndustryInsights

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The Indian Gen AI prosumer, consumer landscape still remains early – Companies have hit power users but are subscale OR have low % of paying users  • Companies do not have enough cohort level data to indicate product love  • Most cos who have managed to cross few hundred thousand users (MAU) are building their US GTM machine  • They have a rudimentary hallucination check AND a rudimentary RLHF in place We at Chiratae ventures are keen to look at – 1) Vernacular AI assistants - Sarvam, Krutrim are foundational model (Sarvam – OpenHathi) based general intelligence assistants very similar to Anthromorphic or Poe, but contextualized to India. They have raised significant capital, but the space remains open still. 2) Vernacular AI search – We do not have a Perplexity, Liner for the Indian vernacular. This is a potential whitespace. We will look for a solid team, with a solid product roadmap. Product risk mitigation playbooks are being built out by investors as we speak  Some companies like Two.ai are building both assistants as well as AI enabled search platforms. 3) Co-pilots for Professional services with pre-existing spend pools which can be delivered digitally – AI generated influencers, AI based gaming, digital professionals/copilots - legal professionals, counsellors/therapists, accountants Please write in to [email protected] if you feel there is something you would like to discuss. If there are products or companies we should look at, please tag them in the chat below Chiratae Ventures Sudhir Sethi TCM Sundaram Ranjith Menon Venkatesh Peddi Anoop N Mandeep Julka, CFA Kailashnath M S, CFA Tanvi Dubey #GenerativeAI #Consumer #SaaS #Technology

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Unlock the secrets to leveraging AI in business with this insightful interview featuring Soumendra Mohanty and Chad Silverstein. Discover how Tredence's innovative approach is reshaping industries, driving growth, and unlocking new possibilities. Read here: https://lnkd.in/gvBFz3Zx #DataAnalytics #Innovation #AI #BusinessLeadership #Tredence #BeyondPossible

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#Update New VC firm PROMAFT Partners launches with 1,000 crore rupees. They'll focus on companies with proven product-market fit, making 10-12 strategic investments overall, with 2-3 deals annually. The founders, Raghav Bahl (ex-Alibaba.com India GGS) and Soham Avlani (ex-9Unicorns), will leverage their experience to help startups with strategy, business plans, hiring, and funding. Their focus on established businesses with strong product fit suggests a cautious, long-term approach for portfolio companies. Read the story: https://ow.ly/ayb550SFUjU #PromaftPartners #VCfirm #StartupInvesting #ProductMarketFit #BusinessStrategy #VentureCapital #StartupFunding #Entrepreneurship #BusinessDevelopment #IndianStartups

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In the latest New Delhi Slush'D Insider Series, Karan Mohla of B Capital discusses leveraging foundational models to build use case-specific applications. He highlights the value of automating workflows with relevant data and a solid go-to-market strategy, focusing on deep verticals like health and SMEs. Watch the video to dive into his insights on AI and automation's future. #NewDelhiSlushD #AI #TechInnovation #Automation

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🚀 Masterclass on navigating 0 to 1 product building + GTM for startups. 🚀 Here is the WEEKEND OFFER valid till Sunday Midnight only. Join our Product Management Workshop on Building Product Startups and gain the skills to take your startup to the next level. 📅 June 29th, Saturday 📍 IIM Kozhikode ⏰ 10 AM - 5 PM 🎟 https://bit.ly/HSKwkp3 Who is this for? For Founder/Teams building: 1. B2C/B2B Marketplaces 2. B2C Tech Solutions 3. SaaS Products Not Relevant For: - Offline-first distribution startups - Tech/Non-tech services businesses - Hardware Startups Hands-on session to cover: 1. Problem Discovery & Qualification: 2. Finding the First 10 Power Users & Defining Tablestakes Roadmap for V0 3. Identifying Metrics That Matter 4. Hard Skills That Matter for Founders/Founding PMs 5. Development Approach 6. Building your team Register Now: https://bit.ly/HSKwkp3 Hamad Jowher Nevin Robert Mittu Tigi Sana Thayyil Rabin Baby Murshid Basil Muhammed Haris T M Reema A Raheem Ashwathy Venugopal Geethu Agit Vaishnav Nair S IIMK LIVE Abraham Varghese Jofin Joseph

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Clodura.AI, a pioneer in AI-driven #sales prospecting solutions, has raised $2 million in its pre-Series A fundraising round, which was spearheaded by the Bharat Innovation Fund and Malpani Ventures. The money raised will go towards improving Clodura.AI software that streamlines the sales process from prospecting to closure by utilizing #generative AI and Large Language Models (LLMs). Founded in 2015 by Kapil Khangaonkar, Clodura.AI is the most comprehensive lead generation platform. Their platform helps sales professionals find decision-makers, gather actionable sales intelligence, #automate outreach campaigns, and create a 10X sales pipeline. To share your startup story write us on - [email protected] #clodura #startup #funding

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Bumper IPO Offerings: Fundraising in Crores Reaches New Heights Till August 9th 🚀💼 Dive into the numbers and see how the market is buzzing. You can also launch your Company's IPO. India IPO is your trusted partner for all IPO business services, guiding you from IPO education to successful IPO execution. #indiaipo #indianipo #ipoindia #smeipo #mainlineipo #mainboardipo #sebi #bse #nse #iporeview #upcomingipo #ipoupdates #ipogrow #ipoboom #iponews #ipo2024 #IPODetails #ipofunding #ipoprocess #primedatabase

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