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India Startup News publishes only the most insightful articles selected by the most trusted experts in the indian startup scene.

Top news of the week: 08.12.2022.

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Fundraising

@eringriffith shared
On Dec 7, 2022
VCs all say this kind of thing behind the scenes but are rarely this candid publicly (they still want Tiger and SoftBank to trade up their deals). Props to this guy: https://t.co/WjVTRPzGbO https://t.co/3GQV7RljVD
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Tiger Global, SoftBank are the culprits. They are the bad guys: Inventus Capital's Kanwal Rekhi on private market slowdown and correction

Tiger Global, SoftBank are the culprits. They are the bad guys: Inventus Capital's Kanwal Rekhi on private market slowdown and correction

In a no holds barred interview, Rekhi said SoftBank pushed for growth instead of profitability and that a growth-stage startup with no profitability is nonsense.

@samidhas shared
On Dec 7, 2022
RT @ETtech: .@BlumeVentures, which has backed companies like @unacademy, @sliceit_ & @DunzoIt, has made the final close of its fourth India-dedicated fund with a corpus of $250 million, the firm’s biggest so far https://t.co/kX74gwCyMw
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Blume Ventures closes its largest India-dedicated fund at $250 million

Blume Ventures closes its largest India-dedicated fund at $250 million

Indian limited partners (LPs) — predominantly large family offices and SIDBI — accounted for 40% of the money raised in Fund-IV, with the rest coming from overseas-based family offices, ...

@buzzindelhi shared
On Dec 5, 2022
RT @sahamati: "The combination of credit with UPI, enabled by the Account Aggregator system & ONDC, will fundamentally reorder the supply chain of India”: @NandanNilekani https://t.co/wpfe5bCBgY @ForbesIndia #accountAggregator
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Nandan Nilekani is overhauling the way the world sees India

Nandan Nilekani is overhauling the way the world sees India

It's not just evanelising a vision of inclusive India, but personally developing large chunks of the digital building blocks of that future

@sanjaynath shared
On Dec 7, 2022
RT @chandrarsrikant: 🚨Blume Ventures marks final close of its largest-ever fund at $250 million. It will invest in 30-35 companies across different technology verticals. @sanjaynath @BKartRed @arpiit https://t.co/xouYnC8KZA
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Blume Ventures marks final close of its largest-ever fund at $250 million

Blume Ventures marks final close of its largest-ever fund at $250 million

Through Blume Fund IV, it will invest in 30-35 companies across different technology verticals, the VC firm has said

@BKartRed shared
On Dec 5, 2022
RT @BlumeVentures: "Many founders managed to get a lot of capital last year and wouldn’t have required funds in the first half of this year … I don’t see this yet as a sign of the market coming back," @arpiit in today's ET https://t.co/HapYRMdn8T via @economictimes
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Investors remain cautious despite uptick in November funding at $1.27 billion

Investors remain cautious despite uptick in November funding at $1.27 billion

The increase in funding last month has mostly been led by early and growth-stage rounds that crossed the $1 billion mark in proceeds after more than five months, as per data from Venture ...

@BKartRed shared
On Dec 5, 2022
RT @BlumeVentures: Unicorns, soonicorns, minicorns? Nah. We say X-Unicorns! Listen to @dishambles talk about why we decided to rebrand this term in a conversation with @BKartRed 🦄 In case you haven't checked out our podcast yet, here's your cue: https://t.co/2GweBbE9ew https://t.co/Sl8qrAfpAq
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Blume Ventures

Blume Ventures

Listen to X-Unicorns by Blume Ventures on Spotify.

@sanjaynath shared
On Dec 7, 2022
RT @skipiit: Congrats @AshishFafadia @BKartRed @sanjaynath & whole @BlumeVentures @arpiit @sajithpai team for the new fund. Glad to be part of the family for last 6 years. https://t.co/Bh4AZbYPY5
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India’s Blume Ventures more than doubles in size, raises over $250 million for new fund

India’s Blume Ventures more than doubles in size, raises over $250 million for new fund

Indian venture firm Blume has raised over $250 million for a new fund, its fourth and largest, as it looks to get more aggressive.

@madhavchanchani shared
On Dec 7, 2022
RT @thecaptableco: 🚨 Org Chart It took Dream11 a decade to turn unicorn. But since 2019, it has levelled up to become the Dream Sports group, which has a portfolio of startups and investments in gaming and fantasy sports. @bytesofnews maps out the people running the show. https://t.co/cy9xjfHt0w
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How execs, entrepreneurs form Dream Sports’ top order

How execs, entrepreneurs form Dream Sports’ top order

Dream11 co-founder Harsh Jain has hired senior talent to push the unicorn towards the next growth milestone. He has also laid the groundwork for a gaming and fantasy-sports empire by ...