Category: Entrepreneurship
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Dhruv Dhanraj Bahl-led Eternal Capital launches $14.5 Mn VC fund.
Eternal Capital, founded and managed by former BharatPe COO Dhruv Dhanraj Bahl, has launched its maiden VC fund with a target corpus of Rs 120 crore ($14.5 million). The fund also includes a greenshoe option of another Rs 120 crore, bringing its total capacity to Rs 240 crore ($29 million). Eternal Capital received SEBI’s approval…
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Suffolk business awards celebrate BME achievements.
The awards are celebrating the contributions from Black and Minority Ethic communities.
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More money is going to African climate startups, but a huge funding gap remains.
NAIROBI, Kenya — When Ademola Adesina founded a startup to provide solar and battery-based power subscription packages to individuals and businesses in Nigeria in 2015, it was a lot harder to raise money than it is today. Climate tech was new in Africa, the continent was a fledgling destination for venture capital money, there were fewer…
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Flush with funds, venture capitals scout for startup deals.
MUMBAI/CHENNAI: After a brief period of lull, investors seem to have actively started scouting for deals and cutting cheques for Indian startups. Of late, both global and domestic venture capital (VC) and private equity (PE) investors including the likes of US-based Norwest Venture Partners have raised new funds. A sizeable amount of this capital is earmarked for India and…
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Empowering the Future: Humanity Protocol’s Dream Play Initiative.
We all know the emergence of blockchain technology has transformed the landscape of finance offering new opportunities for social and economic empowerment globally. What we fail to realize is that this is especially important in the developing world, where millions are unbanked, unemployed and underserved, yet nothing is being done. In light of this, under…
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A new venture capital supergroup is forming.
Startups are not shying away from big projects. That’s my takeaway from news that The Browser Company’s Arc browser is now generally available for Windows users, just as Island raised a massive grip of capital for its enterprise-focused browser tool. It’s very encouraging to see startups going after core pieces of technology and not just the…
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Why lofty AI valuations are hurting startups in the race for talent.
In today’s electrified AI landscape, founders are gobbling up capital like Pac-Man and setting new valuation high scores all the time. Perplexity raised $63 million last week, doubling its valuation to more than $1 billion in just three months, while a startup called Foundry recently emerged from stealth mode with a $350 million valuation, and Cognition, a…
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Amid Cocoa Shortage, Investors Develop Taste For Cocoa-Free Chocolate Startups.
In recent weeks, chocolate lovers have witnessed the resurgence of two of the most chilling words in the history of commodity market headlines: cocoa shortage. Over the past year, cocoa prices have roughly quadrupled, following poor harvests in Ivory Coast and Ghana, the two countries that produce most of the world’s supply. Processors have scaled back…
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Opinion | Why U.S. productivity is on the upswing.
Luke Pardue is policy director of the Aspen Economic Strategy Group. The business world is brimming with optimism over the potential of artificial intelligence. The consulting firm McKinsey & Co. declared in a 2023 report that “Generative AI is poised to unleash the next wave of productivity,” adding value roughly the size of the U.K.’s economy to…
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For Europe to emulate Silicon Valley’s tech success, it should change its startup funding model.
Tech startups will be enthused by the news that Silicon Valley venture capital (VC) veteran General Catalyst is on the verge of raising US$6 billion (£4.8 billion) for backing new companies. It comes hot on the heels of an announcement from Andreessen Horowitz, another major VC, of a new US$7.2 billion investment fund. These are among the largest fundraisings…