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Why NY fund Falcon is encircling India’s startup space - ET Retail

Why NY fund Falcon is encircling India’s startup space - ET Retail

  • Industry » Falcon Edge Capital Venture Capital Sequoia Capital National Stock Exchange of India Matrix Partners Hedge fund artificial intelligence
  • Falcon Edge Capital is emerging as one of the most active investors in India's startup's space.
  • The New York-based fund is on course to close about half a dozen deals in areas ranging from artificial intelligence (AI) to urban mobility to financial technology, over half a dozen entrepreneurs and venture capital executives told TOI.
  • For starters, it is in talks to lead a $70-80 million round in dockless two-wheeler rental platform Bounce, which is also backed by top investors like Accel and Sequoia Capital , said the sources mentioned above.
  • Falcon Edge is expected to invest in the range of $5-10 million each in both the companies, according to sources.


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