Manish Bakshi’s Post

Aryaman Gupta wrote a really good and insightful piece about #startup #funding for #BusinessStandard The success story of Indian start-up's is continuing to grow. #IPO #Growth #India Read the full story below ⬇️ https://lnkd.in/gJeDSXZc

🚨 SaaS firm Whatfix raises $125 mn, courts more global clients 🌎 1️⃣ Private equity firm Warburg Pincus LLC Pincus has become the newest investor in Whatfix, a platform for enterprises to improve the user experience of their software applications. Warburg Pincus led the Series E round of $125 million in the SaaS startup. Existing backer SoftBank Vision Fund 2, which held a 13.3% stake before this deal, also pitched in. 2️⃣ The two growth investors have valued Whatfix at $840 million, nearly 50% higher than the mark of $568 million it attained in June 2021. They cited the startup’s track record of serving Fortune 500 companies as a key reason to fund it. Its order book features more than 80 companies of that revenue size, up from 54 three years ago. 3️⃣ Whatfix, founded by Khadim Batti and Vara Kumar Namburu in 2013, recorded more than $75 million in annual recurring revenue in September, up 4.5 times since June 2021 when it raised capital. It hopes to touch $100 million in ARR after three quarters, i.e. by April-June 2025. Its total number of clients has gone up from 382 in December 2020 to 700. Article link in comments 👇 #software #saas #whatfix #funding #startups #softbank

🚀 VentureSoul Partners Declares First Close of Rs 600 Crore Maiden Fund! 🚀 Excited to announce that VentureSoul Partners has successfully completed the first close of its Rs 600 crore maiden fund, raising Rs 146.5 crore. Here are the key highlights: Fund Size: Rs 600 crore, with Rs 146.5 crore raised in the first close. Investment Focus: Debt investments in approximately 25 startups, with an average cheque size of Rs 20-25 crore. Target Stage: Startups at Series A or later stages, with established business models and revenue streams. Deployment Timeline: Expecting to close three to four deals by the end of the year and deploy the full fund within the next 15 to 18 months. This is a significant milestone for VentureSoul Partners as they continue to support and empower innovative startups. Kudos to the team for their dedication and vision! 🌟 #VentureCapital #Startups #Investment #BusinessGrowth #Innovation

The SoftBank-backed startup will be raising INR 1,816 Cr through fresh issue of shares Shareholders including SoftBank, Premji Invests, TPG Growth, Mahindra will participate in the offer-for-sale For the first nine months in FY24, the startup reported a sales of INR 4,814 Cr, while incurring a loss of INR 278.2 Cr . . . . . #firstcryindia #firstcry #bse #nse #newstartup #startuplisting #wolfofstartup startupbusiness #startupindia #startupideas #startupidea #businessidea #businessmotivation #getupandstartup

8i Ventures has completed its full exit from M2P Fintech, achieving a remarkable 12x return on its ₹9.7 crore investment made 4.5 years ago. This exit coincided with M2P Fintech’s recent $100 million fundraising, generating ₹115.9 crore and reflecting an internal rate of return (IRR) of 131%. The firm’s Fund I, which closed with $15.5 million, boasts an overall performance of 2.5x and a MOIC of 3.3x. The portfolio includes notable companies such as Blue Tokai and BBETTER, the latter aiming for a $10 million run rate this year. In 2022, 8i Ventures launched its second fund and introduced a $10 million seed funding program to support emerging startups in India. #8iVentures #M2PFintech #VentureCapital #InvestmentSuccess #StartupFunding #IndiaStartups #SeedFunding #IPO #BlueTokai #Startup77

The tide of #startup #funding is turning in India, with a rising trend of overall #funding while the #deal sizes grow bigger. However, the spotlight now is on #latestage startups, many of which are seen to be headed for an #ipo The record surge in the #stock markets and consistently improving performances of listed #startups is understood to have turned the sentiment for the better, especially for those that exhibit a clear path to an IPO. Vinod Murali Anirudh A D. Read the full story below ⬇️ https://lnkd.in/gJeDSXZc

STARTUPS & STRUGGLES in the same sentence is very common because securing loans from traditional financial institutions can be a challenge for many SaaS startups in India. Watch our CBO Sudhanshu discuss the 2 biggest roadblocks and how Recur Club can help! 🤝 #startups #funding #RecurClub

Recently #Byju's, has experienced a significant drop in #valuation, losing 99% of its previous value. The company has raised $200 million through a #rights issue at a pre-money valuation of $20 million, a sharp decline from its previous valuation of $22 billion. Startup investments, as seen in the case of #Byju's, can be #risky, and investors often include protective clauses to safeguard their interests. When a startup raises funding at a lower #valuation than its previous round, it's called a "down round." #Downrounds are concerning for investors as they lead to a decrease in the value of their investments and dilution of their stakes in the company. To mitigate this risk, VCs often include anti-dilution clauses in shareholder agreements. To learn more about these clauses and other essential aspects of angel investing, join our upcoming workshop starting on May 4th! (Link in the comments) #venturecapital #startups #Downround Pushkar Singh | Vivek Jhorar | Siddharth S. | Hasitha Reddy | Doulos J.

With cheap money drying up and global growth slowing, the startup landscape is shifting. As rising interest rates squeeze the market, the competition for acquirers intensifies. In this new era, startups and scaleups must focus on solid business fundamentals and strategic adaptability to survive and thrive. #Startups #Scaleups #VentureCapital #EconomicTrends

Capria Ventures has successfully concluded the fundraising for its India Opportunity Fund, securing an impressive Rs 153 crore (approximately $19 million)! Previously known as Unitus Ventures, Capria had already announced the first close of the fund at Rs 80 crore back in February 2023. With investments in groundbreaking startups like BetterPlace, Cuemath, Masai School, and Eduvanz, Capria Ventures continues to drive innovation and growth in the Indian startup ecosystem. Notably, the recent full-cash exit from Awign, following its acquisition by Japanese HR firm Mynavi Corporation, highlights the fund's successful investment strategy. Surya Mantha, managing partner at Capria Ventures, expressed excitement about the acquisition, stating that it not only opens new opportunities but also delivers significant returns to investors. Capria Ventures, with assets exceeding $207 million globally, focuses on early and early-growth stage startups across various sectors, including fintech, jobtech, edtech, and agritech. Congratulations to the entire team at Capria Ventures on this milestone achievement! #StartupInvestment #VentureCapital #InnovationLeadership https://lnkd.in/gg-9jbsd