a99 VC Launches Third Fund with $100 Mn Corpus

#PrivateEquity A new trend is emerging in India's venture capital scene as several senior general partners (GPs) are leaving major firms to start their own funds. This shift is driven by a desire for more autonomy and the challenges of delivering high returns from increasingly large funds. Shailesh Lakhani and Harshjit Sethi, both formerly of Peak XV Partners, are now launching new ventures. Sameer Brij Verma, previously at Nexus Venture Partners, has already raised a $150 million solo fund. As Shekhar Kirani of Accel in India noted, "The next wave of VC in India will come from emerging managers who are closer to founders and sectors." This move toward smaller, more focused funds aims to support founders with greater speed and conviction. Read the story: https://ow.ly/hvna50WZkvU #VentureCapital #IndiaStartups #StartupFunding #InvestmentTrends #StartupEcosystem

Venture Catalysts++ | India's 1st Multi-Stage VC, a multi-stage venture investing firm, has raised INR 150 crore (about $18 million) by selling a mix of new and existing shares. The new share sale valued the company at around $200 million after the investment, according to cofounder and MD Dr Apoorva Ranjan Sharma. In addition, some old shareholders sold their shares directly to new investors through separate deals at prices they agreed on. 🔗 Read full article link in comment #venturecatalysts #venturecapital #vc #funds #startups #startupnews #mumbai #businessupdate

Accion Closes Its Second Early-stage Fund At $61.6 Mn Notably, the fund will allocate 30 per cent of its capital to Indian startups, as per media reports Read the full story on: https://lnkd.in/g6TePi_b #startups #accion Annurag Batra | Noor Fathima Warsia | Chetan Mehra | Resham Suhail | Navneet Singh

Early-stage venture capital firm a99 VC (formerly Artha99) is gearing up to raise its third fund with a target corpus of $100 million (₹850–885 crore). The Chennai-based firm plans to back 12–15 startups in the manufacturing and infrastructure sectors, with cheque sizes ranging from $5 million to $10 million. The new vehicle will focus on Pre-Series A to Series B stage companies, founder and managing partner Vignesh Shankar said. a99 has already secured soft commitments worth $30 million from a mix of existing and new LPs, with a first close expected by April 2026. Unlike its predecessor, the fund will not include a greenshoe option. Read full article link in the commment 👇 #a99VC #preseriesA #VC #startupnews #businessupdate

Venture Catalysts++ | India's 1st Multi-Stage VC Raises ₹150 Crore Fueling India’s Startup Engine. Founded in 2016, Venture Catalysts has built itself into a powerhouse of early-stage investing in India. The platform operates via: #startup Deal-by-deal syndication through angel Alternative Investment Funds (AIFs) Category II AIFs managed in partnership with fund managers and institutional anchors https://lnkd.in/gX4cuvi3

Global impact investor Accion has successfully closed its second early-stage fund, securing $61.6 million. The fund, part of its Accion Ventures initiative, is dedicated to advancing financial inclusion through fintech innovation, with a significant 30% of the capital specifically earmarked for investments in Indian startups. Read more: https://lnkd.in/eZw6w-ev Michael Schlein Chris Coxon Karthik Venkataraman Shwetank Verma Gaganpreet Luthra Rajul Garg Ravi Srivastava Dinesh Singh

Multi-stage venture investing firm Venture Catalysts++ | India's 1st Multi-Stage VC has raised Rs 150 crore (around $18 million) by selling an equal mix of primary and secondary shares. The primary transaction valued the company at around $200 million after investment, said cofounder and MD Dr Apoorva Ranjan Sharma. The fresh funds will be used to strengthen leadership, launch new funds, and introduce AI-driven tools for due diligence and LP reporting. Read full article link in the commment 👇 #venturecatalysts #venturecapital #vc #funds #startups #startupnews #mumbai

Groww, backed by Satya Nadella, set to become first Indian startup to go public after U.S.-to-India move: Groww's listing — expected later this year — is set to double as a major cash-out moment for global venture funds. https://lnkd.in/dNmeDz3q #Fintech #Startups #groww #IPO

Gullak : Highest returns on Gold raises $7.5M to simplify gold savings with micro-investments! Gullak, a digital gold savings and investment platform, has raised $7.5 million in a funding round led by Chiratae Ventures, with participation from White Venture Capital and SamVed VC Founded in 2022 by Manthan Shah, Dilip jain, and Naimisha Rao, Gullak is making gold savings effortless for Indians. The platform enables users to automate micro-investments into digital gold through UPI autopay and spare-change round-ups, moving away from traditional manual saving practices. Chiratae Ventures is one of India’s leading VC firms, backing early to growth-stage startups across consumer tech, fintech, SaaS, and healthtech. #FundingNews #FinTech #DigitalGold #Savings #Investments #IndianStartups #WealthTech #VentureCapital #Gullak #ChirataeVentures #TheVCJournal

Elev8 Venture Partners closes $160M maiden fund to fuel growth-stage startups Founded by Navin Honagudi (ex-Kae Capital), Elev8 Venture Partners has closed its first fund at Rs 1,400 Cr (~$160M). Key highlights: - Focus: Consumer Internet, Enterprise Software, Fintech - Stage: Growth-stage (valuations $100M–$300M) - Ticket size: $10M–$15M - Investor base: South Korea, Hong Kong, India, sovereign funds, family offices, unicorn founders - KB Investment is the anchor LP; Self Reliant India Fund also committed - Already invested in Astrotalk, IDfy, smallcase, Porter, Snapmint - 1/3 of the fund deployed, rest to be invested in 12–18 months Elev8 joins the list of active VCs ramping up in India, alongside Elevation Capital ($400M late-stage fund), Bessemer Venture Partners ($350M India fund), and Accel ($650M India fund). A strong signal that India’s growth-stage ecosystem is maturing fast. Read More : https://lnkd.in/g2XEZf3e #Elev8 #VentureCapital #StartupFunding #Fintech #ConsumerInternet #EnterpriseSoftware #IndiaStartups