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Innoven Capital

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Is the pace of unicorns in India slowing down?

The Indian startup ecosystem recently celebrated the 100th unicorn milestone. It came after a month of no big fund announcements. Illustration: Uttam Ghosh/Rediff.com Compare this to 2021, when......

Banks are investing big time in venture capital

Banks are allowed to invest up to 10 per cent of the paid-up or unit capital in Category-I or Category-II Alternative Investment Funds Illustration: Uttam Ghosh/Rediff.com Raising a new fund from......

Start-up founders turn to venture debt funds

The country’s top three venture debt firms -- Alteria Capital, Innoven Capital, and Trifecta Capital -- combined deployed about $300 million (Rs 2,200 crore) in start-ups such as BigBasket,......

Post devaluation, Quikr is no longer a unicorn

Major shareholder Kinnevik, a Swedish investment firm, devalued Quikr by 45%, referring to the exaggerated revenue resulting from fraudulent transactions that rocked the company. Quikr is now......

Sayre Therapeutics: In the business of cancer

Sayre basically tries to identify niche areas with unmet needs where the competition is not high and also disease education among clinicians is low. Sohini Das reports. At an event to raise......

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