A naukri.com initiative
Venture Capital News
Global Fintech Series
1d
323
Image Credit: Global Fintech Series
Payouts Network Welcomes New Board Member
- Payouts Network has added industry veteran Garen Staglin to its board of directors.
- Staglin brings extensive experience in financial services, software, venture capital, and private equity.
- His expertise will help guide Payouts Network through its next phase of growth and innovation.
- Payouts Network is growing rapidly through strategic partnerships and strong demand for instant and digital payments.
Read Full Article
19 Likes
Siliconangle
1d
244
Image Credit: Siliconangle
Industrial automation startup Vecna Robotics raises $14.5M, appoints new CEO
- Vecna Robotics, a supplier of automation equipment, raised $14.5 million in funding.
- Karl Iagnemma, former CEO of Motional and NuTonomy, is appointed as the new CEO of Vecna Robotics.
- Vecna Robotics offers four robots that streamline the movement of merchandise in industrial facilities.
- The funding will be used to accelerate product development and address customer requirements in various industries.
Read Full Article
14 Likes
Saastr
1d
15
Image Credit: Saastr
Samsara’s Rise to Vertical SaaS Leader and $1B+ ARR with Samsara’s CEO and Co-Founder, Sanjit Biswas and SaaStr CEO and Founder Jason Lemkin
- Samsara is now a vertical SaaS leader, growing at an astounding $1.26 billion in ARR and 36%.
- Sanjit Biswas is the CEO and Co-Founder of Samsara.
- Samsara currently supplies services in trucking, shipping, and industrial applications – industries that are deemed essential.
- Samsara’s success began with its ability to disrupt and scale within an evolving market that had been largely overlooked.
- The founding team, Sanjit Biswas and John Bicket, come from a Cisco acquisition of their previous company, Hotspot.
- Samsara’s initial food and beverage infrastructure allowed them to expand into the more lucrative fleet market.
- Samsara’s expansion into new markets is driven by customer demand with expanding products, features, and hardware.
- Samsara uses AI tools for safety innovation enabling its customer through data-driven coaching and reducing risk.
- Samsara and its growth is testimony to SaaS to transform traditional industries through agile development and focused marketing strategies.
- Samsara’s approach is a unique blend of catering to the modern industry needs while marrying cutting-edge technology in pursuit of excellence.
Read Full Article
Like
Medium
1d
299
Image Credit: Medium
Can Technology Make the Mortgage Process Better? A Look at the Future of Home Financing
- Digital applications streamline the mortgage process, offering faster pre-approval.
- Technology automates underwriting using data-driven algorithms leading to a more efficient decision-making system for lenders.
- Blockchain technology provides secure, transparent ledgers to record essential information and reduces the risk of fraud, minimizing misunderstandings, and accelerating the loan closing process.
- Digital signatures and eClosings allow borrowers to complete closing formalities from anywhere, making the process more convenient and eliminating delays due to physical document handling.
- AI-powered chatbots and virtual assistants offer instant responses to borrower queries, guiding customers through each step, from gathering documents to preparing for closing.
- Machine learning algorithms enable lenders to offer personalized mortgage solutions based on a borrower’s financial history and preferences, improving overall customer experience and borrower satisfaction.
- Mobile apps provide convenience and enhance transparency, allowing borrowers to manage their mortgage from their fingertips and track each stage of the process.
- Automated compliance powered by AI ensures regulatory compliance and accelerates the mortgage process, reduces errors, and helps avoid costly penalties.
- The use of Virtual Reality (VR) and Augmented Reality (AR) enables remote virtual home tours, which speeds up the home selection process.
- Technology is making the mortgage process better, faster and easier for everyone, paving the way for a fully digital, end-to-end experience in the future.
Read Full Article
18 Likes
Guardian
1d
41
Image Credit: Guardian
Just Eat Takeaway to sell US arm Grubhub at a loss of more than $6.5bn
- Just Eat Takeaway is selling Grubhub to Wonder for $650m.
- Just Eat Takeaway bought Grubhub in a $7.3bn deal in 2020.
- Just Eat Takeaway decided to sell Grubhub due to tough competition and fading pandemic boost.
- Wonder plans to create a super app for meal time by combining Wonder and Grubhub.
Read Full Article
2 Likes
Insider
1d
216
Image Credit: Insider
Ark's Cathie Wood changed Wall Street. Now, she's set her sights on venture capital.
- Cathie Wood's Ark Venture Fund has gathered close to $70 million in assets, allowing retail investors to invest in high-growth startups.
- The fund has invested in hot Silicon Valley deals like Figure, xAI, and OpenAI, with Elon Musk's SpaceX being its largest holding.
- Ark's approach to venture capital includes original research, relationships with potential customers, and a flexible structure that allows investors to enter and exit periodically.
- Despite lagging behind the S&P 500, Ark Venture Fund aims to attract more investors and potentially grow into a billion-dollar fund.
Read Full Article
13 Likes
Medium
1d
91
Image Credit: Medium
Legal Framework for Cross-Border Venture Capital Investments in India
- This article provides a comprehensive guide to the legal framework governing cross-border venture capital investments in India, including Foreign Exchange Management Act, taxation, exit strategies, and structuring VC investments.
- The Foreign Exchange Management Act (FEMA), 1999 is the primary law governing foreign investments in India, and venture capital investments are classified as Foreign Direct Investment (FDI) or Foreign Portfolio Investment (FPI), depending on the structure of the investment.
- Certain sectors in India such as banking, insurance, and defense have limits on the amount of foreign investment allowed, and VC firms investing in these sectors must ensure that their investments comply with these sectoral caps.
- Venture capital funds registered in India are regulated by the Securities and Exchange Board of India (SEBI) under the SEBI (Alternative Investment Funds) Regulations, 2012.
- US-based VC firms must carefully structure their investments in Indian startups to maximize returns and ensure legal compliance. Common structures for VC investments include equity investments, convertible debt, and SAFE notes.
- Taxation is a critical consideration for venture capital investments in India, including capital gains tax, withholding taxes, and the Double Taxation Avoidance Agreement (DTAA) between the US and India.
- Exit strategies for VC investments in India typically include Initial Public Offering (IPO), secondary sale, or acquisition.
- Legal considerations for cross-border VC investments in India include shareholder agreements, regulatory approvals, and the protection of intellectual property (IP).
- It is important that VC investors understand India's complex legal and regulatory environment for structuring successful investments.
- Corrida Legal is one of the best law firms in India, and it offers end-to-end legal and accountancy-based compliances for its clients with specialists in various legal fields.
Read Full Article
5 Likes
TechBullion
1d
61
Image Credit: TechBullion
Venture Capital Meets the Stars: How to Position Your Startup for Success in Space Funding
- The space industry has transformed from a niche market into a thriving frontier where innovation meets investment, and venture capitalists are eager to explore new worlds of opportunity.
- Crafting a robust business plan is your first step. It should clearly define your mission, objectives, and the market need you’re addressing. Investors want to see how you plan to navigate this complex industry.
- Identifying potential investors in the space industry requires a focused approach. Start by researching venture capital firms with a specific interest in aerospace and technology. They often seek innovative companies that push boundaries.
- When seeking funding for your space startup, articulating a compelling unique value proposition is crucial. This statement should clearly convey what sets your venture apart from the competition.
- The regulatory landscape of the space industry can be daunting. Each country has its own set of laws governing satellite launches and operations. Understanding these regulations is critical for any startup seeking funding.
- Space startups often face financial hurdles. Traditional venture capital can be hard to secure. Fortunately, alternative funding options offer pathways for innovation.
- Crowdfunding has emerged as a dynamic avenue for funding satellite and space exploration startups. This method taps into the collective power of individuals who believe in your vision.
- Grants from government agencies or organizations can be a game-changer for space startups. These funds are often non-dilutive, meaning you won’t have to give up equity in your company.
- With the growing interest and investment in this industry, it is crucial to position your company strategically and understand the unique factors involved in securing venture capital for space ventures.
- By following these tips and staying informed on the latest trends and developments, you can increase your chances of success in this competitive market.
Read Full Article
3 Likes
Medium
1d
194
Image Credit: Medium
Contrarian Cycles: Uncovering the Anti-Consensus Advantage in Venture Capital.
- Contrarian Cycles is a book written by Yinglan Tan that is designed for venture capitalists, angel investors, limited partners and founders who question the status quo. The book explains how safe bets have cost investors billions, how groupthink leads to missing the breakthroughs that matter the most, and how to exploit cycles in the market. Tan shows through many case studies that actual contrarian investing isn’t reckless: it is about having the courage to identify unique opportunities that others ignore and taking calculated, high-stakes bets that pay off.
- Tan explains the art of building a firm where freethinkers thrive, and where genuine innovation is rewarded over empty consensus. As Tan tells readers, creating a contrarian firm is about building a team that operates beyond traditional hierarchies, where ideas are valued over titles, and where individuals are incentivized to take measured risks. Finally, Tan uniquely shows his readers how to think differently and position themselves to win when the crowd gets it wrong by sharing the tools, frameworks and mental models that help to make decisions that others are afraid to make.
- Through this book, Tan challenges readers to lead, build teams of mavericks, and to spot the investments that others overlook by recognizing and exploiting cycles in the market. This book is a call to action for those who want to be more than just another face in the venture capitalist crowd. Tan takes the readers on a journey to an entirely new kind of investing—one that dares to be different and rewards those who think for themselves.
- Contrarian Cycles explains why sticking to the crowd only gives mediocre results and misses the genuinely revolutionary ideas that matter most in venture capital. Tan shows through iconic cases how investing against the consensus can reap rewards that have repeatedly paid off throughout history.
- Tan argues that real diversity in venture capital requires going beyond just looking at fresh faces at Stanford or MIT and that contrarians have to find other places to look for diversity of thought. Tan shows readers how to think more globally so that true portfolio diversification means expanding beyond the obvious choices.
- Furthermore, to succeed as a contrarian investor, individuals must understand and exploit the cycles of innovation that have underpinned venture capital for decades. Contrarian Cycles gives a concrete playbook to identify opportunities others miss.
- Contrarian Cycles explains why the venture capital landscape is ripe for disruption and provides a new perspective on challenging the status quo and managing risk without losing that essential edge.
- Contrarian Cycles has the ability to change the way people approach investing and challenge readers to be more than just another investor in the pack. It gives readers a unique playbook to spot trends, manage teams of innovators, create new hierarchies and invest in the break-out deals that have the potential to change our world.
- For readers who want to be a visionary investor and redefine the field, Contrarian Cycles is an actionable manual that shows individuals how to think and invest differently. Tan's book is a game changer that encourages readers to seize opportunities that others can't see.
- Contrarian Cycles is about breaking out of the Silicon Valley mold and creating a portfolio that is bold and distinct, one that purposefully defies expectations and breaks out of the familiar markets. Contrarian Cycles equips readers with a fresh perspective that enables them to uncover hidden opportunities across the globe that can yield extraordinary returns.
- In conclusion, Contrarian Cycles is a book that educates readers on anti-consensus investing and shows them how to implement it. It challenges readers to build teams of mavericks, identify investments that others overlook and recognize and exploit cycles in the market. Tan gives readers multiple actionable tools for how they can do so.
Read Full Article
11 Likes
Medium
1d
11
Image Credit: Medium
SmartBank raises JPY 4.08bn in first close of Series B
- SmartBank has raised JPY 4.08bn in the first close of its Series B round, bringing its total funding to JPY 7.08bn.
- The company offers the expense management service B/43, which combines a prepaid card with a household budget app.
- They have surpassed 1 million downloads within 3 years and plan to launch an AI assistant service for household finances.
- The funds will be used for talent acquisition and marketing to develop AI-powered budget improvement services.
Read Full Article
Like
Siliconangle
1d
675
Image Credit: Siliconangle
LocalStack nabs $25M investment for its public cloud emulator
- Swiss developer tooling provider LocalStack GmbH has raised $25 million in an early-stage funding round.
- The funding round was led by Notable Capital, with participation from CRV and Heavybit.
- LocalStack offers an open-source tool that allows developers to emulate an Amazon Web Services environment on their local machines.
- The platform helps developers test cloud applications, infrastructure configurations, and enables chaos engineering and database migration testing.
Read Full Article
7 Likes
Medium
1d
203
Startup Funding Stages: From Pre-Seed to IPO
- Startup funding stages range from pre-seed to IPO.
- The pre-seed stage is the first startup funding stage where most funds come from bootstrapping, family, and friends.
- In the seed stage, founders will need an MVP and a trustworthy team to attract potential investors.
- For the Series A stage, the startup founders need to demonstrate some achievements by showing extraordinary metrics and traction.
- Series B stage requires the startup founders to use the Series A fund for daily operations and business improvement.
- The Series C stage is the fifth startup funding stage where investors may include private equity firms, investment banks, and other institutional investors.
- There is no limit on the number of funding rounds a startup can undergo.
- IPO represents the final stage of transitioning from a private company to a public company.
- Startup founders need to consider if it is necessary to raise funds for their startups and whether they can work well with potential investors.
Read Full Article
12 Likes
Siliconangle
1d
177
Image Credit: Siliconangle
Data mapping provider Lume raises $4.2M in funding
- Lume AI Inc. raises $4.2 million in seed funding to enhance its data mapping technology.
- General Catalyst led the funding round, with participation from Khosla Ventures, Floodgate, Y Combinator, Soma Capital, and angel investors.
- Lume's software platform simplifies the task of creating data mapping pipelines, automatically generating scripts to reformat data between applications.
- The company aims to save developers time and enable easier data movement within organizations, offering support for JSON, CSV, and XML formats.
Read Full Article
10 Likes
Medium
1d
262
Image Credit: Medium
When Is the Brilliant Jerk, just a Jerk
- The author discusses the concept of separating the flaws of entrepreneurs from their achievements and how society tends to overlook bad behavior if they believe they will benefit from it.
- A prominent venture capitalist in Australia recently stated that all founders are problematic and their flaws make them special. This raises questions about how flawed is too flawed and what behavior can be accommodated.
- The tolerance for problematic behavior in the entrepreneurial industry may stem from the fact that many individuals in the industry themselves identify as problematic. However, this empathy is not extended to all participants, particularly outspoken women founders or those who challenge the status quo.
- The flawed/brilliant jerk trope is seen as an excuse to disregard bad behavior and perpetuate systematic inequality in the industry.
Read Full Article
15 Likes
Medium
1d
232
Image Credit: Medium
The Modern Midas: 3 Ways to Be a Golden Entrepreneur for Investors
- To be a Golden Entrepreneur for an Investor, athletes, founders, and entrepreneurs are the heroes of innovation today
- The goal must be substantial enough to significantly change the world if achieved
- Recruit talented companions to embark on the journey with you and make the myth a reality
- Have double confidence in your ability to reach your goal
- Be aware of your weaknesses and humble enough to admit that you even have a weakness, and aim to overcome it
- Balance your humility with your own personal conviction about things that you do know
- Think big, plan often, be tough, develop deep relationships, and humbly accept advice while boldly pushing forward
- Entrepreneurs and founders are looked upon as the heroes of today
- Cortado Ventures is an early-stage venture capital firm that invests in ambitious, growth-driven companies
- Cortado’s focus is on tech companies bringing innovative solutions to multiple sectors
Read Full Article
13 Likes
For uninterrupted reading, download the app