Debashish Goenka

Exciting Announcement from IVY Growth Associates Associates! IVY Growth Associates, a prominent micro venture capital firm, proudly announces the launch of Arigato Capital, a SEBI-registered Category I AIF VC fund. With a target corpus of Rs 250 crore, this sector-agnostic fund is set to invest in startups across diverse emerging sectors such as agritech, cleantech, generative AI, fintech, consumer brands, and SaaS. Arigato Capital will commence capital raising in June 2024, aiming to close all commitments within 15 to 18 months. The fund targets a first close at Rs 100 crore and will focus on startups beyond the seed stage or in pre-Series A stages, with an average ticket size of $500,000. Founded by Prateek Tosniwal , Rachit Poddar, Mehul Shah, and Sharad Todi, Arigato Capital has IVY Growth Associates as a limited partner. The fund aims to create a global corridor connecting angel investors and startups, especially in the Middle East, the US, and Europe. In addition to launching Arigato Capital, IVY Growth Associates will host the third edition of its startup summit, 21BY72, from June 15 to June 16 in Surat. The summit is expected to attract over 20,000 participants, including more than 200 startup founders, 200 venture capitalists, and over 500 investors. With a strong track record, IVY Growth Associates has invested in over 100 growth-stage startups, deploying Rs 20 crore from its fund and over Rs 80 crore from syndicate funds within its network. Notable portfolio brands include Rupeek, BluSmart, and Zappfresh. In October 2023, IVY Growth announced plans to launch IVY Growth Fund, a $30 million VC fund targeting revenue-based and traction-based startups, set to begin in FY25. #IVYGrowthAssociates #ArigatoCapital #VentureCapital #StartupFunding #Innovation #Investment #Startups #21BY72 #SEBI #VCfund #EmergingSectors https://lnkd.in/gBiXnjCC

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#KKR #Varsity_Brands Private equity firm KKR & Co agreed to acquire Varsity Brands, a U.S. maker of sports uniforms and school yearbooks, from buyout firm Bain Capital for about $4.75 billion, including debt, people familiar with the matter said on Wednesday. KKR will own Varsity Brands through its Americas private equity fund, the sources said, requesting anonymity because the deal has not yet been announced. KKR has committed to offering rank-and-file employees of its North America portfolio companies equity in these companies, and will do so with Varsity Brands, the sources said. This is an incentive the corporate world traditionally reserves for senior executives. https://lnkd.in/dnFHhGH2

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Our Managing Partner, Ben Mathias, recently sat down with DealStreetAsia to share an inside look at Vertex Ventures' investment strategy in 2024. The conversation revealed some exciting perspectives on the Indian startup ecosystem. 🔌Our latest fund, which closed at $541 million, has already seen significant activity with 16 investments, nine of which are in India. This includes innovative companies like Certa.ai Attentive.ai, BigEndian Semiconductors, and Kazam. As we look to the future, we anticipate even more opportunities across various sectors, including consumer brands and climate technologies. 🧨 Key Takeaways: - Exploring investments in climate-related technologies and deep tech - India has been a standout, capturing two-thirds of our new investments this year - We're seeing a remarkable shift towards more sustainable, capital-efficient startups 👉 Read the full article here: https://lnkd.in/gGaDpwXb If you are fundraising, we invest from Seed to Series B; connect with us at https://lnkd.in/gnVbsz8H #VVSEAI #VertexVentures #VentureCapital

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SaaS is a hotbed of opportunities for founders and investors to create disproportionate returns on capital. Amidst this growing landscape of Indian SaaS startups, a critical component often gets shadowed by the immediate goals of growth and market capture — the exit strategy. Accounting for exit outcomes over the longer term should start early so founders can optimize for the success of themselves, their employees and their investors. We at Matrix Partners India spent some time speaking with founders, corp dev professionals, investment bankers and other leaders in the space to understand the exit scenarios including M&As, PE acquisitions and IPOs (India and US) and have compiled our learnings. Link to the article in comments. Would love to hear from you if you have insights on the topic / further questions :) Avnish | Ashwin | Pranay | Vikram #SaaS #IPO #ExitStrategy

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🚀 Introducing Blume's Healthcare Financing BluPrint: Unlocking India's $7B Fintech Opportunity. The future of Indian healthcare hinges not just on medical breakthroughs, but on solving its $156B financing gap - a challenge that's creating unprecedented opportunities at the intersection of health and fintech Our research reveals 3 big opportunities: 💡 Embedded Finance: Making healthcare payments as seamless as your UPI transactions 💡 Blended Finance: Novel public-private models serving 400M+ underserved Indians 💡 Healthcare FinOS: Building the financial infrastructure for India's next-gen hospitals The stakes? → 58% of Indian households face catastrophic health expenses → Healthcare market growing at 22% CAGR to $1.7T → $156B funding gap by 2034 Read the complete BluPrint: https://lnkd.in/geM5exAp Building the future of healthcare financing? Let's talk: [email protected] #HealthTech #FinTech #StartupIndia #VentureCapital #IndianStartups #DigitalHealth #HealthcareInnovation #FutureOfHealthcare #HealthFinancing #IndiaVC #BlumeVentures Blume Ventures Ashish Fafadia Karthik B. Reddy Sanjay Nath Sajith Pai Arpit Agarwal Vikram Gawande Rohit Kaul Joseph Sebastian Jatin Madhra Karan Jhaveri

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A series where we highlight Gemba Capital's Portfolio companies' every week. Simple post - no gyaan and no bakwaas :) This week meet Pramod Rao and Abhishek Nalin from Threado AI Kamini Shivalkar Aditya Vargante Govind Lohia Vipul Rawal ↗️ ️Anupreet Singh 📈 Sujoy Chakravarty #meetourportfolio #earlystage #venturecapital #startups #tech #india #portfolio

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Former Managing Partners at Orios Venture Partners, Seasoned investors Anup Jain and Rajeev Suri, have launched a new fund BlueGreen Ventures. Founded in 2024, BlueGreen Ventures’ dual strategy, drawing strong LP interest, is tailored to India’s maturing startup ecosystem. The first pillar focuses on early-stage companies (seed to Series A). The second pillar selectively backs mature, IPO-ready companies through secondaries. To share your startup story write us on - [email protected] #Fundu #Climate #Fintech #Edtech #Gaming #Healthtech #Ecommerce

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We’re thrilled to announce the closure of our first late-stage equity continuum fund of ₹300 crore! This strategic fund is set to support 6-7 companies poised for an IPO in the next 2-4 years which we've tracked closely for the past five years, including Milky Mist Dairy, Ummeed Housing Finance Pvt. Ltd., and The Ayurveda Experience. With this move, our total assets under management now exceed ₹3,000 crore.     Ashvin Chadha, our Co-Founder and Managing Partner at Anicut Capital, shared, "We’re focusing on companies poised for IPOs in the next 2-3 years, ensuring we’re well-positioned for these promising exits." in an interview with Jude Sannith, Assistant Editor, CNBC-TV18. This fund underscores our commitment to sectors like financial services and consumer products, even as we navigate the evolving investment landscape.  I A S BALAMURUGAN | Ajay Anand | Dhruv Kapoor | Veenu Mittal | Venkatesh Parthasarathy | Kunal Davey | Supreetha M | Arun Thathachari | Dhruv Ranjan | Ankita Poddar | Adithya Bharadwaj | Arushi Maheshwari | Pranav Visvesh | Samarth D. https://lnkd.in/d8Qp5EVE   #AnicutCapital #AnicutContinuumFund

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T-Hub congratulates Enmovil on securing pre-Series A funding, led by Caret Capital, Ev2 Ventures, JRG Holdings, and Anicut Capital LLP as Co-Investors. Founded by Ravi Bulusu, Nanda Kishore, and Venkat Moganty, Enmovil is an integrated Enterprise SaaS platform that optimizes multi-modal logistics and supply chain inefficiencies. Enmovil’s customer base includes industry giants such as Nestle, Bajaj Auto, Steamhouse, Nipro Medical, Grasim, Eicher, Maruti Suzuki, Vedanta, Hero, Hindware, Daimler, and Ashok Leyland. This has contributed to noticeable growth in India’s supply chain industry, with its value rising from $225 billion in 2020 to a projected $637 billion by 2025. T-Hub wishes Enmovil continued success as they revolutionize the logistics industry! #InnovationEcosystem #InnovatewithTHub #StartupSuccess #SaaS

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All of us at Norwest Venture Partners have been bullish on India since 2005 – and we’re more bullish now than ever before! Thanks Hamsini Karthik for speaking with me about our latest global US$3 billion fund and our plans to double down on growth equity and late-stage venture investments in India. Our chat in the businessline

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As private markets secondary strategies increasingly raise and deploy capital globally, India, one of the larger and more liquid markets, with increasing foreign and domestic private market interest, is primed for secondary market investments from global, Asian-regional and what I see as more India-focused secondary fund managers, across venture capital through private equity. GP-led deals have also increased, with global players such as Pantheon, Neuberger Berman, StepStone Group, HarbourVest Partners, Adams Street Partners, CF Private Equity, Schroders Capital, AlpInvest Partners all executing or evaluating India deals. That being said, we are still seeing challenges in liquidating positions with many of the India funds raised between 2005 and 2011, where performance as well as heavy currency devaluation have impacted saleability. Who are the players you see active in the LP secondary market in India? Who will raise India-focused secondary funds for VC and PE? I would look forward to reconnecting with leading India-focused capital markets advisor Avendus. The growth and development of the India private capital markets opportunity is nothing short of remarkable. #india #alternativeassets #secondaries #privatemarkets #privateequity #venturecapital #Asia #capitalmarkets #fundmanagers #liquidity #distributions #institutionalinvestors

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Playbook Partners, the growth capital firm founded by former Jio President Vikas Choudhury, has successfully closed its inaugural fund, raising over $130 million from investors across Europe, the US, the Middle East, and India. The firm is targeting a total corpus of $250 million, including a greenshoe option. Founded earlier this year, Playbook Partners focuses on investing in tech-enabled businesses with strong unit economics, digital scalability, and sustainable growth. Its strategy includes not only providing capital but also forging strategic relationships and offering insights to support effective scaling. The firm’s senior team comprises Dushyant Singh, formerly with McKinsey & Co, and Sumit Jain, who has experience with Sistema Asia Capital and Kalaari Capital. The advisory board features leaders experienced in scaling large businesses, enhancing Playbook’s growth-oriented investment approach. #PlaybookPartners #VikasChoudhury #Investment #GrowthCapital #TechInvesting #DigitalEconomy #StartupFunding #IndiaGrowth #VentureCapital #BusinessExpansion

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https://lnkd.in/dX6WyXPA Nimesh Kampani Founding Partner 108 Capital takes you on a journey through India's economic landscape, sharing the investment thesis of Indian Growth focused VC FUND. 📈 Episode out soon with Jyoti Rai 🇮🇳 and Nimesh Kampani #Finance #IndianFinanceMarket #FinanceTalks #Finance #IndiasFinance #FinancialStystem #India #Business #Investors #BusinessPodcast #Trending

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Yash Gokhroo, CFA and I recently engaged with students from The Tuck School of Business at Dartmouth to delve into the challenges of supply side bottlenecks in Indian Healthcare for the lower to medium income strata in rural areas: - The scarcity of doctors and nurses in rural India poses a significant challenge, with a disproportionate distribution favoring urban regions. - Rural residents seek quality healthcare services that are easily accessible with shorter Turnaround Time (TAT) to minimize disruptions to their daily lives. - There is a growing demand for preventive healthcare services and products in rural India post-Covid, highlighting the need for more accessible options. Our discussion emphasised the potential of technology, particularly AI, in addressing these issues. Implementing AI-driven solutions can enhance diagnostic processes and healthcare accessibility. Moreover, innovative business models focusing on service decentralisation and resource optimisation can elevate the quality and availability of healthcare services in these underserved areas. The insightful session was facilitated by Professor Ramon Lecuona, a clinical professor at Tuck’s strategy group. Many students experienced India for the first time and explored its role in driving growth and innovation across various sectors. We look forward to witnessing these students contribute meaningfully to India's growth story in the future. Wishing them all the best Leen Ajlouni I Nimotallah (Neemah) Muhammadraji, CFA I Charles B. Ayoola Amirali Yousefli I Daniel Mc Farlane Garcés Chiratae Ventures Yash Gokhroo, CFA The Tuck School of Business at Dartmouth #Healthcare #Venturecapital #India #technology

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Kanwaljit Singh, founder & managing partner, Fireside Ventures spoke to Deepsekhar Choudhury at moneycontrol.com about how quick commerce or q-comm is opening up new categories for investment. Here are the key takeaways from that conversation. https://lnkd.in/gepx3W6e

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Recently read a very interesting post by Balaji BK about how he’s frustrated with the Indian VC ecosystem. While I completely agree with you, I think you should chat with us. We have a different and new strategy at All In Capital. Best in class or not we don't know but we are surely doing our best to achieve that. 1) We back way more companies than a traditional VC would back (20-25) - It allows us to back non-obvious founders and newer technologies. 2) Our Value add is very well defined our expertise lies in backing non-obvious founders who are not ready for tier 1 VC and preparing them for that. Our 100+ founders would vouch for that. 3) Yes we are a bit conservative but very open to backing new technologies - our portfolio includes a space tech company - PierSight Space, @Piiko.io - Helping improve diagnosis with a deep tech revolutionary device and many more. 4) We have this thesis of obvious and non-obvious founders and we don't back companies alongside tier 1 VCs but before them. Many of our founders are not from tier-1 colleges. Our strategy does get pushback at times but we continue to try and disrupt the pre seed VC market in India.

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Today marks an incredible milestone for us at Inflexor Ventures as we proudly announce the 𝐟𝐢𝐫𝐬𝐭 𝐜𝐥𝐨𝐬𝐞 𝐨𝐟 𝐨𝐮𝐫 ₹350 𝐂𝐫𝐨𝐫𝐞 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐅𝐮𝐧𝐝. This isn't just a number—it's a symbol of our steadfast commitment to empowering founders who are ready to amplify their proven potential and take their vision to new heights. In my journey from being an entrepreneur to a VC, I've witnessed firsthand the critical juncture where vision meets opportunity. The Opportunities Fund is designed to be that bridge—supporting visionary founders who have already proven their potential and are ready to scale further and faster. To all the founders who trust us with their stories and growth, thank you for your resilience and ambition. You inspire us daily to be more than just investors; you motivate us to be partners who champion your vision and share in the challenges and triumphs of building something extraordinary. Our heartfelt gratitude goes out to HDFC AMC Select AIF FoF I scheme and our other valued limited partners for their trust and belief in our mission. Your support fuels our drive to not just invest in ventures but to become true partners in the journey, championing innovation and resilience every step of the way. I also want to acknowledge my colleagues, whose dedication and expertise drive us forward, and the wider ecosystem that plays an essential role in making ventures thrive. This milestone wouldn’t be possible without each of you contributing to this vibrant network of progress. To the entrepreneurs who dare to dream, build, and inspire: your determination is why we do what we do. We are honored to walk alongside you in navigating the exhilarating journey of scale and impact. Here's to nurturing more stories of growth and innovation as we embark on this exciting chapter together. Venkat Vallabhaneni, Jatin Desai, Pratip Mazumdar, Murali Krishna Gunturu, Harsha Mundhada, Parmi Doshi, Aishwarya Kulkarni, Pratik Ahuja, Kirti Chaturvedi, Akhil Nehru, Minal Sequeira, CA Vijay Sundar A N https://lnkd.in/gJUHBZk6 #VentureCapital #Entrepreneurship #OpportunitiesFund #Innovation #Gratitude

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Super stoked to announce the close of our third fund! Grateful to have been a part of the journey thus far. 🚀 🚀 If you are building in the consumer brand space, please reach out to us- we would love to have a chat. We invest in businesses at a pre-seed, pre-revenue stage with the ability to support our portfolio companies until growth/ late stages. #Fund3 #ConsumerBrands #EarlyStageInvesting #SauceVC #Startups  #Entrepreneurship #IndiaGrowthStory #PreseedInvestment #VentureCapital #Consumer

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