Raising capital? Watch out for these new foreign startup funds expanding to India
15 March 2019 6:30 PM GMT
The new funds from Brazil, UAE, Singapore, and Canada are looking at investments up to Series A level unlike more established VCs who are backing advanced startups and thus more capital is getting poured at late stages.
- More than 4 startup funds from geographies including Brazil, UAE, Singapore, and Canada are looking to back early-stage Indian startups in coming three-six months to tap innovative ideas emerging from the world’s third largest startup ecosystem — India.
- Gilda VC from UAE, F3 Capital from Brazil, Toronto Business Development Centre (incubator), and Govin Capital from Singapore are the financial institutions that are looking to either set-up their India business or expand in India in coming three-six months.
- Jayaraju, a former senior executive at Google , Airtel and Samsung looking after new products and innovation, has been a mentor to multiple startups and consults various funds looking to set-up or expand in India.
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