India reported 294 venture capital deals valued at 3.16 billion dollars in Q4 2020 despite global uncertainty resulting from several ongoing events including the Covid-19 pandemic, according to Q4 edition of KPMG Private Enterprise Venture Pulse report.
Iron Pillar, a venture growth investor backing companies built from India, today announced a USD 4 million investment in CoreStack, the leading cloud governance and compliance SaaS startup based in Seattle with development in Chennai. Iron Pillar Fund II is targeting growth stage cloud software companies.
Corporate investors and the government need to effectively take on the role of venture capitalists in India to sustain the growth, agility and innovation of scores of early-stage start-ups during the pandemic-triggered period of economic turbulence.
Hevo will utilise the proceeds to expand the number of integrations available on its platform, and hire sales and marketing teams in more countries, including the US and Singapore.
Sibros will use the proceeds to expand its product offering, customer engagement and core team in different geographies.
OZiva will use the fresh funds for research and development, technology building, and for expanding its team and customer base.
Many venture capitalists around the world have announced fresh funding or have expanded their footprint into international markets, our VC expert does a quick round up of the latest deals. The inspiration behind this article was simple. To compile a list of VCs and other investors who have recently raised fresh funds. Over the last few months, I have been keeping a record of new fund announcements that I have come across in the VC world. I figured it might [...]